The survey's headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago. This was the second-lowest reading on record for data going back to 1952 — the bottom coming in May as rising prices also jolted the outlook.
Source: CNBC Economy
Indexed: Fri, 11 Sep 2026 21:53:12 UTC
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