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US Consumer Confidence Preview
The private Conference Board reports on U.S. consumer confidence in October. The report will be released at 10 a.m. EDT Tuesday. ANOTHER DROP: Economists forecast that confidence fell to 75 this month, according to a survey by FactSet. That would be the second straight drop and down from 79.7 in September. CAUTION GROWS: Americans became more confident in the spring as job gains were healthy and economic growth improved. The Conference Board's measure reached 82.1 in June, the highest in 5 ½ years. That's still below the reading of 90 that is consistent with a healthy economy. SHUTDOWN HITS CONFIDENCE: Economists ... (full story)
