September 13, 2013 10:05 AM, EDT

Consumer Confidence Falls in September

Consumer confidence dropped this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Sept. 13.

The month’s preliminary index fell to a reading of 76.8 from 82.1 in August.

The reading was lower than economists’ median forecast of 82, Bloomberg News reported.

The index averaged 64.2 during the recession that ended in June 2009 and 89 in the five years prior to that.

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