Sep 29, 2009 11:21 AM by Associated Press

Consumer confidence unexpectedly falls in September

Consumers' confidence in the economy falls in September as Americans' worries about job security offset any enthusiasm about the rally in the stock market.

The Conference Board says that the Consumer Confidence Index now stands at 53.1, down from the revised 54.5 reading in August. Economists surveyed by Thomson Reuters were expecting a reading of 57.

The Present Situation Index, which measures consumers' current assessment of the economy, declined to 22.7 from 25.4. The Expectations Index, which measures consumers' outlook over the next six months, dipped to 73.3 from 73.8 last month.


»Topics in this article

More News

Story Photo

5 minutes ago

Adams Cafe on the move

Adams Mountain Cafe makes its move this week after floods damaged the popular eatery the last two summers. But the move has...

Story Photo

1 hour ago

Soldier's remains return

After a decades-long mystery, the family of a World War II soldier finally has some closure. Army Sgt. William Carneal, who disappeared...

Most Popular

Top Videos

1 2 3 4