Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend.
There were also signs Tuesday of cooling in what has been a very resilient U.S. jobs market.
The Conference Board, a business research group, said its consumer confidence index tumbled to 106.1
Thank you for reading The Columbian.
Subscribe for only $99/year to get unlimited access.
Support local journalism
Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.
Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.
