Consumer confidence drops to lowest level in over a decade

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The Conference Board reported that its Consumer Confidence Index fell 6.7 points in September to 81.9, its lowest reading in more than a decade. The report indicates a marked weakening in U.S. consumer sentiment.

Consumer confidence dipped in September to its lowest level in a dozen years, the Conference Board reported Tuesday. The board’s Consumer Confidence Index fell to 81.9 last month, down 6.7 points from August. That marked the lowest point for the metric since 2014, when consumer sentiment was rebounding from a low point of below 30…