American consumers are feeling less confident as concerns about jobs take center stage ...Middle East

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American consumers are feeling less confident as concerns about jobs take center stage
WASHINGTON (AP) — American consumers are feeling less confident this month as concerns about jobs rose significantly. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, from 105.6 in August. It was the biggest month-to-month decline since August of 2021. The survey was conducted before the Federal Reserve announced a bigger-than-expected half-point interest rate cut last week. The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market fell to 81.7 from 86.3 in July. A rea

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