US consumer confidence levels tumbled again in September
- In September, both rising gas prices and high-interest rates contributed to economic uncertainty, resulting in a decline in consumer confidence across all age groups.
- The Conference Board's Consumer Confidence Index fell for the second consecutive month, reaching 103 in September, indicating a lack of optimism among consumers.
- Despite the decrease in consumer confidence, expectations for interest rates declined, while concerns about a potential recession increased among surveyed consumers.
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