Economics
U.S. Michigan Consumer Sentiment Fell in October
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Confidence among U.S. consumers unexpectedly declined in October, with Americans more pessimistic about current economic conditions.
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment decreased to 67.9, the lowest since July, from 68.2 in September. Economists estimated an October reading of 68.9, according to the median forecast in a Bloomberg News survey.