Consumer Confidence Dips to 5-Month Low Amid Mounting Concerns About Inflation, Jobs

The Conference Board’s expectations gauge was stuck below a recession-signaling threshold, while write-in survey responses cited prices and jobs as top worries.
Consumer Confidence Dips to 5-Month Low Amid Mounting Concerns About Inflation, Jobs
Women carry shopping bags across a crowded 34th Street in New York City. Andrew Kelly/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

American consumers grew less confident in September, according to a new report from The Conference Board, which showed sentiment deteriorating to its lowest point since April as assessments of job availability fell for the ninth straight month to a multiyear low.

The Conference Board said on Sept. 30 that its consumer confidence index fell to 94.2 in September, down from 97.8 in August, reflecting gloomier views of current and future economic conditions.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter