Conference Board consumer confidence index slides to 81.9 in September
CIE News ·
The Conference Board's Consumer Confidence Index dropped 6.7 points to 81.9 in September 2026, marking a decade low as rising interest rates and fuel costs weighed on economic sentiment, according to CoinDesk.
The Conference Board Consumer Confidence Index dropped by 6.7 points to 81.9 in September 2026 from 88.6 in the prior period, reaching its lowest mark in over a decade, according to CoinDesk. The figure trailed economist forecasts that had projected a rebound to 89, with higher interest rates and fuel prices reportedly contributing to the retreat.
The gauge measuring future expectations dropped 5.9 points to 63.6, marking its third monthly decline in a row. Dana Peterson, chief economist at The Conference Board, stated that consumer evaluations of current business conditions shifted negative for the first time since September 2024, alongside deteriorating assessments of the labor market.
Peterson noted that consumers project both business conditions and the job market to soften further over the subsequent six months. Household income expectations also diminished relative to prior months, CoinDesk reported, while Bitcoin (BTC) traded in a tight range near $84,000 amid prevailing interest rate concerns.