The small drop in the Conference Board measure of consumer confidence in September appears to be entirely due to the impact from Hurricanes Harvey and Irma, and is likely to be reversed in the coming months. The fact that confidence is near a sixteen year high even after Charlottesville, the nuclear threat from North Korea, and two major hurricanes underlines just how resilient the household sector is.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.