U.S. Consumer Sentiment Cooled Slightly in Early October

By Anonymous

University of Michigan’s index was pulled down by consumers’ less optimistic evaluation of their personal finances

A measure of economic confidence among American households edged down in early October but remained at a high level.

The University of Michigan on Friday said its preliminary index of U.S. consumer sentiment dropped to 99.0 in October from 100.1 in September.

David Deull, economist at IHS Markit, said confidence appears to be strong despite...