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The Independent UK
The Independent UK
National
Matt Ott

Consumer confidence dips modestly in October with Americans concerned about the future

Consumer Confidence - (Copyright 2023 The Associated Press. All rights reserved.)

Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.

The Conference Board said Tuesday that its consumer confidence index fell by 1 point to 94.6 in October from an upwardly revised September reading of 95.6. Economists were expecting the reading to come in unchanged from the previous month. One year ago, the reading was 109.5.

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