Consumer confidence falls for third straight month

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The Conference Board's Consumer Confidence Index fell in October, the third consecutive month of declines. The index fell to 102.6, down from an upwardly revised 104.3 in September. The Conference Board's Chief Economist Dana Peterson said in the release that ""write-in responses showed that consumers continued to be preoccupied with rising prices in general, and for grocery and gasoline prices in particular,"" adding that consumers were also concerned about politics, higher interest rates, and the situation in the Middle East. Yahoo Finance Live breaks down the report. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LO

Published 2023-10-31 · Watch on YouTube ↗
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