Reuters/UofM Consumer Sentiment Index Falls To 69.4 In October

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Friday morning, Reuters and the University of Michigan released their preliminary report on consumer sentiment in the month of October, showing that their consumer sentiment index saw a notable decline compared to the previous month.

The report showed that the consumer sentiment index fell to 69.4 in October from the final September reading of 73.5. Economists had been expecting a much more modest decrease to a reading of 73.3.

Friday morning, Reuters and the University of Michigan released their preliminary report on consumer sentiment in the month of October, showing that their consumer sentiment index saw a notable decline compared to the previous month. (Market News Provided by RTTNews)