Consumer sentiment in the United States has fallen to a near-record low and Americans’ view of current economic conditions has deteriorated under President Donald Trump’s administration, which is overseeing and contributing to price increases,

October produced another slide in the economic outlook among Floridians as a University of Florida survey shows a drop in consumer sentiment for the fourth month in a row.

Consumer sentiment around the U.S. dipped in October, sinking to a five-month low as Americans fret over a stalling job market and stubbornly high inflation, new private economic data shows. The University of Michigan's preliminary October sentiment index ...

UF researchers report Florida’s consumer sentiment fell for a fourth month in October, reflecting weaker views on finances and the national economy.

The higher than expected reading should be taken as positive, or bullish, for the US dollar (USD). This is because higher consumer confidence can lead to increased consumer spending, which can in turn strengthen the currency. Conversely, a lower than expected reading can be seen as negative, or bearish, for the USD.

U.S. consumer confidence eased to a six-month low in October amid worries about the availability of jobs in the near-term, offering more ammunition for the Federal Reserve to cut interest rates again on Wednesday.

In news that will worry the Reserve Bank of Australia (RBA), new ANZ-Roy Morgan survey data shows consumers expect inflation to lift by 0.4 percentage points to 5.2 per cent. Meanwhile consumer confidence was muted at 84.5 points, as higher inflation and rising unemployment weighed on households.

Türkiye's economic confidence improved by 0.2 percentage points to 98.2 in October on a monthly basis, according to official figures released on Thursday. Three sub-indexes posted declines, while two sub-indexes increased, the Turkish Statistical Institute (TurkStat) reported.