U.S. consumer sentiment inched up to a seven-month high in early October as an uptick in expectations for better economic prospects in the future outweighed a reversal in assessments of current conditions, a survey released Friday showed.

The Univeristy of Michigan's Surveys of Consumers said its preliminary index reading for October climbed to 81.2 from a final September level of 80.4. It was the highest level since March and modestly exceeded the median expectation of economists in a Reuters poll of 80.5.

Tuesday, October 20, 2020
Monday, October 19, 2020