Wednesday, October 30, 2019

Consumer confidence dips in October

Chain Store Age
Concerns over business conditions and employment prospects took a bite out of consumer confidence in October.

The Conference Board’s closely-watched Consumer Confidence Index decreased marginally in October, following a decline in September. It now stands at 125.9, down from 126.3 in September and lower than the 128 reading economists had expected. The October metric was the lowest since June, when confidence fell to 124.3.. . . more