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U.S. consumer confidence falls again in September to lowest since February By Reuters



WASHINGTON (Reuters) – U.S. consumer confidence unexpectedly weakened in September as soaring COVID-19 infections deepened concerns about the economy’s near-term prospects.

The Conference Board said on Tuesday its consumer confidence index dropped to a reading of 109.3 this month from 115.2

in August. It was the third consecutive drop and its lowest point since February. Reuters polled economists to forecast that the index will rise up to 114.5.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.