Consumer sentiment index plunges in October

marmar

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Fri Oct-17-08 09:02 AM
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Consumer sentiment index plunges in October

Consumer sentiment drops in October

By Ruth Mantell
Last update: 9:57 a.m. EDT Oct. 17, 2008Comments: 3

WASHINGTON (MarketWatch) -- In the midst of global efforts to shore up markets and economies, U.S. consumer sentiment dropped in October, according to a media report on the University of Michigan/Reuters index released Friday. The index fell to 57.5 in October, compared with a reading of 70.3 in late September. Economists surveyed by MarketWatch were expecting an October result of 64.5.

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B4C36F666%2D33BF%2D4233%2DB6D0%2D057E8D029FAB%7D&siteid=mktw

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