US consumer confidence fell in October for a third straight month on dimmer views about the outlook for the economy and labor market.
The Conference Board’s gaugedecreased 1 point to 94.6, the lowest since April, data out Tuesday showed. The median estimate in a Bloomberg survey of economists called for a reading of 93.4.
A measure of expectations for the next six months fell in October to 71.5, the lowest since June, while a metric of present conditions increased.
Confidence remains stuck below levels seen last year as consumers fret about the labor market and the cost of ...
