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U.S. consumer confidence slid in September as consumers' outlook for the future slipped, according to a private sector report released on Tuesday.
The Conference Board, an industry group, said its index of consumer attitudes fell to 79.7 from a revised 81.8 in August, compared to economists' expectations for 79.9.
The expectations index fell to 84.1 from an upwardly revised 89.0 in August. Consumers, however, were a little more optimistic about their current standing, with the present situation index rising to 73.2 from a revised 70.9 in August.
Correction: The earlier headline has been updated to reflect the proper direction of the index.