U.S. Consumer Confidence Slips in October
Americans turned slightly more anxious about the job market this month.
A business research group’s consumer confidence index fell to 97.6 in October, down from a nine-month high of 102.6 in September.
Fewer people surveyed by the Conference Board described jobs as “plentiful” compared to September, with that measure slipping to 22.2 percent from 24.8 percent.
The decline likely reflects the results of two consecutive jobs reports. Employers added just 142,000 jobs in September and 136,000 jobs in August, after routinely chalking up monthly net jobs gains in excess of 200,000.
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