US Consumer Confidence Rises in October
US consumer confidence increased to 91.7 in October from 84.2 in September as retail gasoline prices eased. However, households continued to express frustration regarding the rising cost of living and groceries.
Insights:
United States consumer confidence rose to 91.7 in October from 84.2 in September as retail gasoline prices eased. The index beat the 81 consensus forecast polled by Reuters. High living costs continue to weigh on household sentiment.
