Economics
U.S. Consumer Confidence Unexpectedly Falls to Seven-Month Low
- Measure drops as Americans concerned about Covid, inflation
- Confidence index has fallen for three months in a row
Photographer: David Paul Morris/Bloomberg
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U.S. consumer confidence dropped in September for a third straight month, suggesting concerns over the delta variant and higher prices continue to dampen sentiment.
The Conference Board’s index fell to 109.3 from a revised 115.2 reading in August, according to the group’s report Tuesday. Economists in a Bloomberg survey had called for an increase to 115.0.