U.S. consumer sentiment holds steady in October despite shutdown uncertainty
U.S. consumer sentiment stayed resilient in October, showing limited impact from the federal shutdown and steady inflation expectations.
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
News Feed
1 articles
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
neutral
5h agoU.S. consumer sentiment holds steady in October despite shutdown uncertainty
U.S. consumer sentiment remained stable in early October, with the University of Michigan’s index dipping slightly from 55.1 to 55.0. Analysts had expected a sharper decline due to the ongoing federal government shutdown. Inflation expectations edged down to 4.6%, signaling moderate confidence among households. Economists believe resilient labor markets and steady wage growth have offset political and fiscal uncertainty, maintaining consumer optimism ahead of the holiday spending season.
neutral
5h agoU.S. consumer sentiment holds steady in October despite shutdown uncertainty
U.S. consumer sentiment remained stable in early October, with the University of Michigan’s index dipping slightly from 55.1 to 55.0. Analysts had expected a sharper decline due to the ongoing federal government shutdown. Inflation expectations edged down to 4.6%, signaling moderate confidence among households. Economists believe resilient labor markets and steady wage growth have offset political and fiscal uncertainty, maintaining consumer optimism ahead of the holiday spending season.
Breaking
neutral
U.S. consumer sentiment holds steady in October despite shutdown uncertainty
about 6 hours ago
1 min read
68 words
U.S. consumer sentiment stayed resilient in October, showing limited impact from the federal shutdown and steady inflation expectations.
U.S. consumer sentiment remained stable in early October, with the University of Michigan’s index dipping slightly from 55.1 to 55.0. Analysts had expected a sharper decline due to the ongoing federal government shutdown. Inflation expectations edged down to 4.6%, signaling moderate confidence among households. Economists believe resilient labor markets and steady wage growth have offset political and fiscal uncertainty, maintaining consumer optimism ahead of the holiday spending season.
U.S. consumer sentiment remained stable in early October, with the University of Michigan’s index dipping slightly from 55.1 to 55.0. Analysts had expected a sharper decline due to the ongoing federal government shutdown. Inflation expectations edged down to 4.6%, signaling moderate confidence among households. Economists believe resilient labor markets and steady wage growth have offset political and fiscal uncertainty, maintaining consumer optimism ahead of the holiday spending season.
Tags:
US economy
consumer sentiment
US economy
consumer sentiment
inflation
shutdown
University of Michigan
Source: