US consumer confidence takes a hit from hurricanes

• September 26, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

American consumers feel a bit less confident this month, their spirits pulled down by Hurricanes Harvey and Irma.

The Conference Board says its consumer confidence index fell to 119.8 in September from 120.4 in August. Conference Board economist Lynn Franco says that confidence “decreased considerably” in hurricane-hit Florida and Texas.