Consumer sentiment deteriorated in October in the United States

By: Trademagazin editor Date: 2021. 10. 15. 11:05

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Consumer sentiment deteriorated somewhat in the U.S. in October, according to a survey by the University of Michigan, while experts expected an improvement.

U.S. consumer sentiment deteriorated

According to a preliminary assessment of the University of Michigan’s monthly regular consumer sentiment survey, the Sentiment Index weakened to 71.4 points in October from the 72.8 points in September.

Analysts expected a modest improvement of 73.1 points. (MTI)