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Consumer Confidence Takes a Major Hit in September Amid Growing Economic Concerns

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the staff of the Ridgewood blog

Ridgewood NJ, consumer confidence plummeted in September, marking the sharpest decline in over three years as Americans express growing concerns about the economy, particularly the labor market. According to data released by The Conference Board on Tuesday, the Consumer Confidence Index fell to 98.7 this month, a significant drop from August’s revised figure of 105.6.

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