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The Likely

The news, and what's likely next.

Economy

The Conference Board reported consumer confidence dropped to its lowest since 2014

On September 29, The Conference Board reported its consumer-confidence index fell 6.7 points to 81.9 in September, down from 88.6 in August.

How we got here

  1. The Atlanta Fed's GDPNow estimate for third-quarter real GDP growth rose to 5.1% from 4.4%. Atlantafed
  2. GDPNow remained at 5.1% after rounding. Atlantafed
  3. GDPNow's third-quarter estimate fell to 5.0% from 5.1%. Atlantafed
  4. The Dallas Fed reported Texas manufacturing output growth accelerated, while the general business activity index eased to 9.8 from 11.6. Dallasfed, Tradingeconomics
  5. The Conference Board's consumer-confidence index fell 6.7 points to 81.9, reaching its lowest level since 2014. Bloomberg

What's likely next

  1. BEA scheduled the Q2 2026 GDP third estimate and August Personal Income and Outlays release.
  2. The Dallas Fed scheduled its next Texas Manufacturing Outlook Survey release.

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