U.S. Consumer Sentiment in Takes Surprising Fall

Published on:
12 September 2006 at 10:18 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00004251-us-consumer-sentiment-in-takes-surprising/

NEW YORK – U.S. consumer sentiment fell more sharply in early October than analysts had expected, according to a survey released on Friday.

The University of Michigan’s preliminary reading of its consumer confidence index for October was 87.5, down from September’s final reading of 94.2, according to market sources who saw the subscription-only report, and well below the median market expectation of a dip to 94.0.

The index’s two components also fell. The consumer expectations gauge dropped to 79.6 in early October from September final’s 88.0, and the current conditions component slipped to 99.6 from the final September reading of 103.7.

For this complete story, please visit U.S. Consumer Sentiment in Takes Surprising Fall.

U.S. Consumer Sentiment in Takes Surprising Fall

Unknown Author

Featured Resources

Webinars

RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order?

About