Economists surveyed by Bloomberg expected the gauge to improve to 102.
"There is little to suggest that consumers foresee the economy gaining momentum in the final months of 2020," Lynn Franco, senior director of economic indicators at The Conference Board, said in a statement.Americans' confidence in the US economy dimmed in October as lasting weakness in the labor market curbed optimism elsewhere.declined to 100.9 from 101.3, marking a reversal from September's 15-point surge.
"There is little to suggest that consumers foresee the economy gaining momentum in the final months of 2020, especially with COVID-19 cases on the rise and unemployment still high," she added.MORGAN STANLEY: Stocks could fall another 9% as the new bull market faces a rising tide of risks — and these 2 cyclical sectors are the best long-term trades to take advantage of
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Inside yachting's sexual harassment and bullying problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. capthlr how true is this?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Inside independent ad agency The Richards Group's problematic culture - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
US election 'blue wave' will create a stock picker's market: Ronald Temple - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. One nation, one plan? Wow...that's seen in communist countries 😳 this isn't funny anymore!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Business Insider webinar: How to invest ahead of 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I think there is a mistake coz you put Tom Lee's picture instead. You're welcome.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
UBS promotes SPAC head to co-lead U.S. equity capital markets business: memoUBS Group AG has elevated the head of its special purpose acquisition company (SPAC) practice, Jeff Mortara, to co-lead its equity capital markets (ECM) business for the Americas, the investment bank said in internal memo seen by Reuters. Is this a joke? This is just so stupid. But his followers find this kind of bullshit enchanting! R, ;)
Källa: Reuters - 🏆 2. / 97 Läs mer »