As the stock market parties on, U.S. consumer confidence declined again in September as Americans’ pessimism in view of inflation and the weakening job market continued to grow. The Conference Board said Tuesday that its consumer confidence index fell by 3.6 points to 94.2 in September, down from August’s 97.8. That’s a bigger drop than analysts were expecting and the lowest reading since April, when Trump rolled out his sweeping tariff policy. A measure of Americans’ short-term expectations for their income, business conditions, and the job market fell to 73.4, remaining well below 80, the marker that can signal a recession ahead.
[EOP]
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