US Consumers Shrug Off Government Shutdown, Sentiment Little Changed: UMich Survey

The U.S. government shutdown, now in its 10th day, has had little influence over consumer sentiment, according to a University of Michigan survey released on Oct. 10.

The October Consumer Sentiment Index came in at a higher-than-expected 55, down from 55.1 in September. The market consensus penciled in a reading of 54.2.