US economy tracker: Consumer confidence falls in September; inflation and weak job market weigh

US consumer confidence plummeted in September to its lowest since April, driven by deepening concerns over rising inflation and a weakening job market. Inflation, now the top concern, increased in August, while job growth slowed significantly, with the unemployment rate hitting 4.3%. This decline underscores household challenges and may impact future Fed interest rate decisions.

US economy tracker: Consumer confidence falls in September; inflation and weak job market weigh
US consumer confidence plummeted in September to its lowest since April, driven by deepening concerns over rising inflation and a weakening job market. Inflation, now the top concern, increased in August, while job growth slowed significantly, with the unemployment rate hitting 4.3%. This decline underscores household challenges and may impact future Fed interest rate decisions.