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Consumer Sentiment Dips Amid Rising Unemployment Fears

10/10/2025

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Story summary
  • The University of Michigan's Index of Consumer Sentiment stood at 55 in October.
  • It was down slightly from 55.1 in September.
  • Sixty-three percent of respondents expect unemployment to rise.
  • The ongoing government shutdown has not significantly altered consumer views.
  • Inflation expectations remain elevated at 4.6 percent for the coming year.