Affordability Drags Consumer Sentiment Down 10% in a Year

October’s consumer sentiment reading has essentially kept pace with September, though consumers’ long-term views are less optimistic. Data from the University of Michigan Survey of Consumers released Friday (Oct. 23) showed October’s reading at a revised 48.0, up from an initial 46.3 and in keeping with the 48.1 recorded in September. Although year-ahead business conditions […] The post Affordability Drags Consumer Sentiment Down 10% in a Year appeared first on PYMNTS.com.