Confidence Rose Slightly in October
Two separate measures of consumer confidence found that it had risen in October. The CEA/CNET number increased for the third straight month, while the Conference Board reported an increase as well.
The CEA-CNET Index of Consumer Expectations (ICE) rose to 167.1 in October, although the CE-focused companion index, the CEA-CNET of Consumer Technology Expectations (ICTE), posted a drop of 1.6 points.
The Conference Board's measure, meanwhile, rose to 50.2 from 48.6 last month.