Consumer Confidence Edges Down Over Government Shutdown Concerns and Inflation
Consumer confidence about the economy declined slightly in October, driven by Americans’ concerns over the ongoing federal government shutdown, rising inflation, and future scarcity of jobs. The Consumer Confidence Index, a measure of U.S. consumers’ sentiments about personal finances and the economy, slipped 1 point in October, to 94.6, from an upwardly revised 95.6 the … Read more