US Consumer Confidence Falls to Lowest Since April Amid Inflation Fears
US Consumer Confidence Falls to Lowest Since April Amid Inflation Fears

US Consumer Confidence Falls to Lowest Since April Amid Inflation Fears

News summary

U.S. consumer confidence and sentiment declined in September 2025, reaching their lowest levels in several months due to persistent inflation concerns, a weakening labor market, and economic uncertainty. The Conference Board's Consumer Confidence Index fell to 94.2, with notable drops in both the Present Situation and Expectations indices, reflecting worsening views on business conditions and employment. Inflation, particularly rising prices for essentials such as gas and groceries, was the primary worry for consumers, despite a slight decrease in 12-month inflation expectations. Job market indicators showed signs of slowing, including reduced job additions, a higher unemployment rate, and cautious hiring by companies amid economic uncertainty and tariff concerns. The University of Michigan Survey of Consumers also reported a significant drop in sentiment to 55.1, underscoring fears around job security, tariffs, and inflation's impact on household spending and economic growth. These shifts in consumer attitudes suggest potential challenges ahead for U.S. economic expansion as spending behavior may become more conservative.

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2
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0
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1
Last Updated
16 hours ago
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