Consumers turned more pessimistic in September as perceptions of the labor market and current business conditions weakened, the Conference Board said on Tuesday.
The business organization’s overall index fell by 3.6 points to 94.2, weaker than had been forecast, with the present conditions index falling by 7 points. The index was benchmarked to 100 in 1985 when conditions were considered to be neutral.
“Consumer confidence weakened in September, declining to the lowest level since April 2025,” said Stephanie Guichard, senior economist for global indicators at The Conference Board. “The present situation component registered its largest drop in a year. Consumers’ assessment of business conditions was much less positive than in recent months, while their appraisal of current job availability fell for the ninth straight month to reach a new multiyear low. This is consistent with the decline in job openings.”
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