Economic Report: U.S. consumer confidence slumps to 7-month low on delta and inflation worries

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The numbers: Confidence in the economy slumped in September to a seven-month low owing to the fast spread of delta and a bout of high inflation that’s raised the cost of new cars, appliances and other popular products.

The closely followed index of consumer confidence slid to 109.3 this month from a revised 115.2 in August, the Conference Board said Tuesday. It’s the lowest reading since February.

Economists…

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