Consumer confidence declines in September amid rising cost concerns
by National Marine Manufacturers Association 30 Sep 08:57 PDT
Consumer Confidence Index © NMMA
Consumer confidence declined sharply in September, according to The Conference Board Consumer Confidence Index, as Americans grew more cautious about current conditions and the months ahead.
The index fell 6.7 points to 81.9, while the Present Situation Index dropped 7.9 points to 109.3. The Expectations Index declined 5.9 points to 63.6, its third consecutive monthly decrease, remaining below the 80 threshold.
Consumers' assessments of current business conditions turned negative for the first time since September 2024. Views of household finances also turned negative, suggesting concerns extend beyond national headlines to consumers' own budgets.
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