Consumer confidence in October fell slightly as the government shutdown drags on and creates economic uncertainty.

The Conference Board’s consumer confidence index fell to 94.6 in October, down from 95.6 the month before, the group announced on Tuesday. That slight decrease comes as policymakers closely watch the labor market, which has shown signs of slowing.

Recommended Stories

Trump ticking off campaign promises, but pesky issue of inflation still eludes him

Soybean farmers hope Trump can pull off eleventh-hour deal with China

Tariff exclusion process in Trump 2.0 a big departure from first term

“Consumer confidence moved sideways in October, only declining slightly from its upwardly revised September level,” said Stephanie Guichard, senior economist for global indicators

See Full Page