University of Michigan Consumer Sentiment Index Edges Lower in October
The end-of-month index was 48, compared with 46.3 in the preliminary October reading and 48.1 in September. It remained near record-low levels.
The University of Michigan’s end-of-month survey reading showed consumer sentiment easing slightly in October, remaining close to record-low levels. The survey’s headline index registered 48, compared with 46.3 in the preliminary October reading and 48.1 in September.