U.S. Consumer sentiment fades in October
Energy costs, job worries weigh on Americans, survey finds
U.S. consumer sentiment deteriorated in October as rising energy costs and persistent job worries made Americans less optimistic about the future, according to a survey released Friday.
The University of Michigan said its consumer confidence index dropped to 91.7 in October, down from 94.2 in September but higher than a mid-month reading of 87.5, according to market sources who saw the subscription-only report.
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The University of Michigan said its consumer confidence index dropped to 91.7 in October, down from 94.2 in September but higher than a mid-month reading of 87.5, according to market sources who saw the subscription-only report.
External Source - For the complete article click here
