Report
US Consumer Sentiment Reportedly Slips to Five-Month Low in October
Bloomberg puts the University of Michigan's final index at 48, down from September's 48.1 but above the preliminary reading.
TLDR
The University of Michigan's final October 2026 consumer sentiment index was 48, down from 48.1 in September, Bloomberg reports. That marked a five-month low, even though the final figure improved on the preliminary reading and topped every estimate in Bloomberg's survey of economists. Bloomberg attributed the decline in sentiment to high prices and rising interest rates.
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