U.S. Consumer Sentiment Ticked Down at the End of October
University of Michigan’s consumer sentiment index was 98.6, down from an initial 99.0 reading earlier this month
WASHINGTON—American households became slightly less confident about the economy in late October, but their overall outlook remained elevated despite rising financial and political uncertainty.
The University of Michigan on Friday said its consumer sentiment index was 98.6 in October, ticking down from an initial 99.0 reading published earlier this month. Economists surveyed by The Wall Street Journal had expected the final reading to stay at 99.0 for October.
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