Consumer Confidence Down? Here Are 4 Retail Stocks to Invest in Now
A&F(ANF) ZACKS·2024-09-26 04:00
Consumer Confidence, a crucial gauge of economic health, saw a decline in September. According to the latest data from the Conference Board, the index plummeted to 98.7, a sharp drop from August's upwardly revised figure of 105.6. This marks the steepest decline since August 2021, catching economists off guard, who had anticipated a more modest figure of around 104.The Present Situation Index, which evaluates consumer views on current business and labor market conditions, also fell by 10.3 points to 124.3. ...