US consumer confidence fell to its lowest level since 2014, just over one month before the congressional midterm elections, according to Al Jazeera.
Consumers pointed to higher costs for goods and services as the primary reason for the decline, according to The Conference Board, which released its monthly report on Tuesday. The average price of a gallon of gasoline stood at $4.45 on Tuesday, compared with $4.08 a month ago, according to AAA.