Billiejeens
Diamond Member
- Jun 27, 2019
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Americans’ confidence in the economy dropped sharply in September, the biggest one-month change since the COVID-19 pandemic, according to newly released data.
The Conference Board’ Consumer Confidence Index, a marker of how confident Americans are in the economy, plummeted in September. The figure fell from 105.6 in August to 98.7 in September, the most significant drop since August of 2021.
“Consumer confidence dropped in September to near the bottom of the narrow range that has prevailed over the past two years,” Dana Peterson, chief economist at The Conference Board, said in a statement. “September’s decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers’ assessments of current business conditions turned negative while views of the current labor market situation softened further.”
thepoliticalinsider.com
BJ -
Bidenomics - one has to be really deep into The Democrat Echo Chamber to have any confidence in that.
The Conference Board’ Consumer Confidence Index, a marker of how confident Americans are in the economy, plummeted in September. The figure fell from 105.6 in August to 98.7 in September, the most significant drop since August of 2021.
“Consumer confidence dropped in September to near the bottom of the narrow range that has prevailed over the past two years,” Dana Peterson, chief economist at The Conference Board, said in a statement. “September’s decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers’ assessments of current business conditions turned negative while views of the current labor market situation softened further.”

Consumer Confidence in U.S. Economy Plummets in Latest Data
Americans’ confidence in the economy dropped sharply in September, the biggest one-month change since the COVID-19 pandemic.

BJ -
Bidenomics - one has to be really deep into The Democrat Echo Chamber to have any confidence in that.