Consumer sentiment continued to wane in October, slipping to 67.7 in the month’s final reading from a preliminary reading of 67.9, according to data Friday from the University of Michigan.
Economists predicted a 68.0 reading for the index. The October headline level compares with 68.2 in September and 68.9 in August. The final expectations index fell to 61.9 in October from a preliminary reading of 64.6. That compares with 60.9 in September and 62.9 in August.