Business

Consumer Confidence Remains Steady Despite Inflation

Updated 2026-10-23 15:50 UTC 1 source Neutral

U.S. consumer sentiment held steady at 48 percent in October, reflecting persistent inflationary pressures on American households. The University of Michigan’s Surveys of Consumers Index showed a minor decrease from September's reading.

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The Hill
U.S. consumer sentiment flatlined from September to October, as persistent inflation squeezes Americans’ finances. Conference confidence sat at a measure of 48 percent this month, a minor decrease from last month’s reading of 48.1, according to the University of Michigan’s Surveys of Consumers Index
2026-10-23 15:37 UTC
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