#USConsumerConfidence US Consumer Confidence Falls by the Most in Three Years due to Labor Views CCI 98.7 Down 6.9 points Consumer Confidence weakened as Consumers Worry About Jobs... Sentiment fell from 105.6 in August to 98.7 in September... Consumer confidence weakened significantly as concerns over job security and economic conditions grew. Sentiment dropped from 105.6 in August to 98.7 in September, reflecting increased caution among households. This decline suggests that consumers are becoming less optimistic about the labor market and future economic prospects, which could impact spending and broader economic growth. Rising inflation, interest rate pressures, and uncertainties in key industries are likely contributing to the apprehension. With job market stability being a key factor for consumer spending, these worries could lead to reduced discretionary purchases and more savings, further slowing economic momentum. Economists caution that sustained declines in consumer sentiment may indicate deeper concerns about economic resilience. Policymakers may need to address employment issues and provide assurances to stabilize confidence. As consumer spending accounts for a significant portion of GDP, restoring optimism will be crucial for maintaining economic stability in the months ahead.