Last updateFri, 22 May 2020 4pm

Manufacturing & The Economy

Consumer Confidence Down Slightly in October

The Conference Board Consumer Confidence Index decreased marginally in October, following a decline in September. The index now stands at 125.9, down from 126.3 in September.

“The Present Situation Index improved, but expectations weakened slightly as consumers expressed some concerns about business conditions and job prospects. However, confidence levels remain high and there are no indications that consumers will curtail their holiday spending,” says Lynn Franco, senior director of economic indicators at The Conference Board.

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