Indicators

US Consumer Confidence Slips on Outlook for Economy, Jobs

A shopper in San Francisco in April.

Photographer: David Paul Morris/Bloomberg

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 gauge decreased 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.