Americans' confidence in the economy fell this month to the lowest level since April, as many worried about the impact of a 16-day partial government shutdown. The decline could weigh on spending and economic growth.
Consumers may splurge a bit this fall. This, as they're beginning to feel better about the economy despite a slight dip in July. The consumer confidence index dipped to 80.3 in July, down from 82.1 in June, but numbers are still close to a five-and-a-half year high.
Small-business optimism remained elusive last month June, as the National Federation of Independent Business’s (NFIB) monthly economic Index dropped just under a point (0.9) and landed at 93.5. That could pretty much end any hope of a revival in confidence among job creators.