US consumer confidence plunges to 12-year low as households fear weaker jobs, economy
- Posted on September 29, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
American consumer sentiment has deteriorated significantly, with the Conference Board's confidence index reaching its lowest point in a decade during September. The sharp 6.7-point decline underscores growing anxiety among households regarding employment opportunities and economic stability ahead. While current labor market assessments maintain cautious optimism, forward-looking indicators reveal widespread pessimism, as Americans anticipate potential job losses and reduced spending capacity throughout the upcoming quarters.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
US consumer confidence plunges to 12-year low as households fear weaker jobs, economy
Consumer confidence in the US experienced a notable decline in September, reaching its lowest level since 2014. This drop suggests households envision a weakening economy and labor market in the coming months. The Conference Board's index fell by 6.7 points, significantly below economists' expectations. While perceptions of the current labor market worsened, they still remained in positive territory for now.
