:US Conference Bd Oct Consumer Confidence 105.4
=DJ DATA SNAP:US Conference Bd Oct Consumer Confidence 105.4(DJ)
=========================================================
Conference Board Oct Sep !Forecast: 108.0 !
Consumer Confidence 105.4 105.9 R !Actual: 105.4 !
Present Situation 124.7 128.3 R ! !
Expectations 92.6 91.0 R ! !
=========================================================
By Michael S. Derby
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--U.S. consumer confidence levels posted a
small unexpected dip in October, weighed down by worries over jobs
and the economy's current state.
The Conference Board, a private research group, reported Tuesday
that its index of consumer confidence for October ebbed to 105.4,
from the revised 105.9 seen the month before. Economists had
expected to see the index hit 108.0.
The slide "was prompted by consumers' mixed assessment of the
present day business conditions and a less favorable view of the
job market," said Lynn Franco, who leads the organization's
Consumer Research Center. "This month's readings continue to
suggest a moderate pace of economic growth."
(MORE TO FOLLOW) Dow Jones Newswires
October 31, 2006 10:01 ET (15:01 GMT)
Copyright (c) 2006 Dow Jones & Company, Inc. - - 10 01 AM EST
10-31-06
Keywords: CURRENCY ENERGY FINANCIAL ECONOMY GENERAL
09:01:45 10/31/06




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