Shock: Consumer Confidence Unexpectedly Plummets, Worst Decline in Three Years

Breitbart ^ | 09/24/2024 | John Carney

[ChicagoConservative27]

Consumer confidence in September suffered the worst decline in more than three years, dragged down by a weaker labor market and rising pessimism about future business conditions and incomes.

The Conference Board on Tuesday said its index of U.S. consumer confidence fell to 98.7 in January from 105.6, near the lowest of the range for the index over the past two years. Economists had expected a slight decline to 103 from the preliminary estimate of 103.3 for August.

Increasingly pessimistic expectations for the economy’s performance in the months ahead and a weaker labor market drove September’s confidence decline.

[Gay State Conservative]

Good news for DJT.

[BenLurkin]

"Unexpected!"

[N. Theknow]

What TF!

If things were Built Back Better, Why does anything have to be fixed?

[dfwgator]

If things were Built Back Better,

---

We’re still in the “Destruction Phase.”

[N. Theknow]

In the good news column, the Amish lottery is up to 3 dozen eggs.

[daler]

“Good news for DJT.”

Even though those watching msm will likely never hear about it.

[Right Brother]

Apparently ‘joy’ doesn’t pay the bills?

[SaxxonWoods]

As expected, I couldn’t believe it was staying as high as it was.

[Sirius Lee]

Kamaleconomy.

[TauntedTiger]

I couldn’t help thinking, “Shocked? Nothing shocking about it.” Except that sentiment isn’t even lower than what they’re reporting.

[voicereason]

Businesses with stuff to sell are getting pinched hard and need cash flow lest they get sucked down the drain of insolvency.

Car dealers sure seem to be willing to hang on though. Some factory incentives are creeping out, but the inventory on lots sure appears to be growing.

[Signalman]

“It’s the economy stupid.”

James Carville
1992

[Darksheare]

Not so unexpected by people paying attention.

[frank ballenger]

True.

Infuriating.

[SaxxonWoods]

Eggs $5 a dozen?

I’m just glad they aren’t $9 like they were.

[eyeamok]

Nothing to worry about, I heard a commercial on how Harris would fix the Economy that Her Administration created...

[who knows what evil?]

For the past 2 years we buy **NOTHING** unless it’s absolutely needed.

Ditto.

[DoughtyOne]

Exactly!

[1Old Pro]

Increasingly pessimistic expectations for the economy’s performance in the months ahead and a weaker labor market drove September’s confidence decline.

Amazing people want to vote for Kamala and make things even worse.

[Eleutheria5]

This is because fake polls show cackles surging.