US Consumer Confidence Plunges to Lowest Level Since 2014
US consumer confidence dropped to its lowest point since 2014 in September. The decline reflects worsening public sentiment regarding the labor market and the broader economy amid rising inflation.
US consumer confidence fell in September to the lowest level since 2014 as views about the economy and the labor market deteriorated. Meredith Whitney, CEO at Meredith Whitney Advisory Group discusses the ever-growing inflation pressures facing the US consumer. (Source: Bloomberg)
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