Business

Consumer confidence lags amid delta variant spread

By Zach Halaschak
Published September 17, 2021 4:40pm ET
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Consumer confidence lags amid delta variant spread
On the left are people waiting in line at an unemployment resource center. The sign on the right reads, "Closed due to virus, please stay safe." | (Illustration by the Washington Examiner / AP Photos)

Consumer confidence remains in the doldrums this month as the COVID-19 delta variant generates increased economic anxiety.

The University of Michigan index of consumer sentiment increased slightly to 71.0 in early September, from its 70.3 level in August, according to a preliminary update released Friday. The subtle uptick fell below consensus expectations it would rise to 72.

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Consumers COVID-19 Economics Inflation