Affordability Drags Consumer Sentiment Down 10% in a Year
October’s consumer sentiment reading has essentially kept pace with September, though consumers’ long-term views are less optimistic. Data from the University of Michigan Survey of Consumers released Friday (Oct. 23) showed October’s reading at a revised 48.0, up from an initial 46.3 and in keeping with the 48.1 recorded in September. Although year-ahead business conditions […] The post…
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