Consumer Sentiment Index Upwardly Revised To 70.6 For October

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While Reuters and the University of Michigan released a report on Friday showing an upward revision to their reading on consumer sentiment in the month of October, the index still came in below the final reading from September.

The report showed that the consumer sentiment index was revised up to 70.6 from the preliminary October reading of 69.4, although it remained below 73.5 in September. Economists had been expecting the index to be revised up to a reading of 70.0.

While Reuters and the University of Michigan released a report on Friday showing an upward revision to their reading on consumer sentiment in the month of October, the index still came in below the final reading from September. (Market News Provided by RTTNews)