Economics
Consumer Confidence in U.S. Declines by Most in Nine Months
- Share who see jobs plentiful dropped to lowest in three months
- Income expectations deteriorate along with buying plans
The shadow of a pedestrian is cast on a sale sign at a store in San Francisco.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
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U.S. consumer confidence posted the biggest drop since the start of the year as Americans’ expectations for the economy and the job market deteriorated, posing a risk to the household spending that is underpinning growth.