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October 30, 2007
Consumer confidence falls
The decline was more than expected. (Reuters)
NEW YORK (Reuters) - Consumer confidence declined for the third month in a row in October to its lowest level in two years on growing concerns about weakening business conditions and the impact that could have on the job market.
The Conference Board said on Tuesday its index of consumer sentiment fell more than expected to 95.6 in October down from a revised 99.5 in September. The median forecast of economists polled by Reuters was for 99.0 in October.
Posted by William Polley at October 30, 2007 10:08 AM
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