https://www.live-feeds.com/feed/us-consumer-sentiment-near-record-low-as-frustration-over-economy-mountsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumer-sentiment-near-record-low-as-frustration-over-economy-mountshttps://www.live-feeds.com/feed/us-consumer-sentiment-near-record-low-as-frustration-over-economy-mounts#u119511Tue, 13 Oct 2026 08:55:50 +0000US consumer sentiment fell to a five-month low in October, driven by mounting frustration over higher costs and rising inflation expectations. Preliminary data shows sentiment dropping to 46.3. Households expressed increasing concern regarding the rising cost of living and higher borrowing costs. Despite the gloomy outlook and plummeting confidence as midterms approach, analysts suggest weak sentiment may not translate into a significant slowdown in consumer spending. Meanwhile, gold prices traded near highs following the economic data release.Why it mattersEconomic confidence is in a tailspin