FYI: Consumer Confidence for the month of September showed a slightly larger than expected downtick, falling from 120.4 down to 119.8 compared to expectations for a drop to 120.0. While overall confidence is down a little over five points from its recent high, it remains comfortably above its long-term historical average of 93.9. Breaking out this month’s report by Present Situation and Expectations, while the Present Situations index pulled back slightly from its cycle-high, the Expectations component actually saw a slight increase.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/consumer-confidence-slightly-weaker/
