Confidence down for September

NEW YORK -- Hit by hurricanes, gas prices and a softer job market, consumer confidence unexpectedly fell in September for a second straight month, declining 2.9 percent to a reading of 85, down from 87.5 in September.

The key barometer of consumer sentiment -- and future consumer spending -- has now fallen 19.4 percent during the past two months, from a 13-month high of 105.5 set in August, to its lowest level in more than a year.

The Conference Board said the plunging numbers could indicate that consumers will curtail their Christmas shopping, putting retailer profits under pressure during the holiday season.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!