September closed with the world economy moving—but more gingerly. In the United States, confidence and activity cooled. Conference Board consumer confidence slipped to 94.2 (from 97.8), the Chicago PMI fell to 40.6, and regional services gauges in Texas turned negative. Housing eased again: the FHFA house-price index dipped 0.1% month on month and the S&P/Case-Shiller […]
