Conf. Board confidence index down again in September; decline across all age groups

26 September 2023

 

Summary: Conference Board Consumer Confidence Index falls in September, reading less than expected; decline across all age groups, notably among household with incomes of $50,000 or more; views of present conditions improve, short-term outlook deteriorates; ANZ: Expectations Index below 80 historically signals recession within year. US consumer confidence clawed its way back to neutral over the five years after the GFC in 2008/2009 and then went from strength to strength...

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