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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