U.S. Consumer Confidence Below Market Expectations

Data released Tuesday showed that consumer confidence in the United States rose less than expected in September, with the Consumer Confidence Index issued by Conference Board registered about 125.1 points, below market expectations, which indicated that it recorded about 134.1 points. It is also lower than the previous reading of 135.1 points last August.

This indicator reflects the level of individual confidence in economic activity, by conducting a survey of nearly 5,000 households, where participants are asked to assess current economic conditions and their future prospects. Questions also include the availability of employment, business conditions and the overall economic situation.

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