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Consumer confidence dipped in September to its lowest level in a dozen years, the Conference Board reported Tuesday. The board’s consumer confidence index fell to 81.9 last month, down 6.7 points from August. That marked the lowest point for the metric since 2014, when consumer sentiment was rebounding from a low…
Consumer confidence just hit its worst level in over a decade, yet the stocks that depend on American shoppers are barely flinching. Understanding why that calm exists, and how long it can last, matters far more than the headline number.
Those surveyed were worried about the present and the future, with write-in responses mentioning high oil and gas prices.