US Consumer Sentiment Edges Lower in October
The current conditions index fell 8.3% on the month, driven by weaker durable-goods buying conditions amid higher interest rates and affordability concerns. Sentiment is 10% below year-ago levels and 15% below February's reading.
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03:03:56 PM UTC
SquawkNews
WASHINGTON (dpa-AFX) - The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October.The report said the University of Michigan's consumer sentiment index for October was upwardly revised to 4…