US consumer confidence fell to 103, expectations point to impending recession

US Conference Board Consumer Confidence for September took a hit, dropping from previous reading of 108.7 to 103.0, falling short of the anticipated 105.9. While Present Situation Index noted a modest rise from 146.7 to 147.1, Expectations Index saw a more significant drop, moving from 83.3 down to 73.7. Notably, this decline brought the Expectations […]

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