Consumer confidence dips in September amid inflation concerns
U.S. consumer confidence fell to a four-month low in September, dropping 7 percent from August. The decline is attributed to rising inflation and ongoing cost-of-living concerns.
U.S. consumer sentiment dipped to a four-month low in September amid rising inflation rates and mounting cost-of-living concerns, according to survey results released Friday. The University of Michigan Surveys of Consumers index found that consumer confidence slipped to a reading of 48.1 in September, a 7 percent decrease from August and 15 percent less than...
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