U.S. consumer confidence drops to its lowest level in more than a decade, according to the Conference Board. The organization reports its Consumer Confidence Index falls 6.7 points to 81.9 in September.
The September reading misses economists’ forecasts, with one estimate citing a 89.2 level. Both outlets describe the decline as sharp, and point to growing concerns among consumers. Quartz links the worsening confidence to anxiety around inflation and jobs, while The Hill emphasizes that the index hits the weakest point in over a dozen years.
The coverage broadly agrees on the reported numbers and the magnitude of the drop, while differing mainly in emphasis: Quartz focuses on how inflation and labor-market worries may be driving sentiment lower, whereas The Hill highlights the record low timing and context versus earlier years. The data come from the Conference Board’s monthly consumer survey.
