Consumer Sentiment Falls to 5-Month Low; Higher Costs Cited

The latest University of Michigan Consumer Sentiment Index, released Oct. 9, fell to 46.3 in October, down 1.8 points from September’s reading of 48.1. It was a five-month low, as various negative factors weigh on the minds of Americans. “Consumer sentiment was little changed this month, inching down a scant 1.8 index points from September,”…

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