In this Sept. 18, 2013 photo, pedestrians with shopping bags cross a street in Philadelphia. (AP Photo/Matt Rourke)

WASHINGTON (AP) — Americans’ confidence in the economy fell slightly in September from August, as many became less optimistic about hiring and pay increases over the next six months.

The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence index dropped to 79.7 in September. That’s down from August’s reading of 81.8, which was slightly higher than previously estimated.

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