Consumer confidence holds steady from September amid persistent inflation

The Hill - Oct 23, 2026

U.S. consumer sentiment flatlined from September to October, as persistent inflation squeezes Americans’ finances. Consumer confidence sat at a measure of 48 percent this month, a minor decrease from last month’s reading of 48.1, according to the University of Michigan’s Surveys of Consumers Index. Consumer sentiment has dipped by 10.4 percent from October 2025, with...

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