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Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout
The Conference Board reported consumer confidence fell 3.6 points to 94.2 in September amid inflation and slower job growth, signaling rising economic caution.
- The Conference Board reported on September 30, 2025, that consumer confidence declined to its lowest level since April amid a looming government shutdown.
- The drop followed ongoing labor market weakness, with job availability falling for the ninth month and a federal shutdown expected to cause a data blackout.
- The Bureau of Labor Statistics showed job openings totaled 7.23 million in August, rising 19,000 from July but down 422,000 year-over-year, while quits fell by 75,000 signaling lower worker confidence.
- Senior economist Stephanie Guichard noted that consumers have grown increasingly pessimistic about economic conditions, with their perception of job availability declining for the ninth consecutive month to hit a new low not seen in several years.
- These trends suggest increased labor market slack and diminished consumer optimism, potentially affecting economic forecasts until data resumes after the shutdown resolves.
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US consumer confidence falls to 5-month low
US consumer confidence fell in September to a five-month low, driven by concerns over the labor market.Americans’ assessment of the economy’s health has wavered in recent months, and the unexpectedly steep drop in a closely watched survey reflected persistent anxiety over inflation; the perceptions of job availability dropped to a multi-year low.Those worries could deepen if the government shuts down Wednesday and President Donald Trump follows …
·New York, United States
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Coverage Details
Total News Sources22
Leaning Left5Leaning Right1Center9Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 33%
C 60%
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