Indications From The Conference Board

The Conference Board Consumer Confidence Index® declined again in September, following decreases in both July and August. The Index now stands at 109.3 (1985=100), down from 115.2 in August. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—fell to 143.4 from 148.9 last month. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell to 86.6 from 92.8.  Listen to this podcast as Lynn Franco, Senior Director of Economic Indicators and Chief Economist Dana Peterson discuss how the Delta variant appears to be impacting consumers – making them more cautious with their spending going forward.