The Conference Board's Consumer Confidence Index fell for a third straight month in October, dropping 1.0 point to 94.6.

Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects. The Conference Board said Tuesday that its consumer confidence index fell by 1 point to 94.

Consumer companies continued their retreat after a dire reading of consumer confidence. The University of Michigan survey's headline index fell to 50.3 in November, from 53.6 last month, based on preliminary November responses, one of the grimmest readings in the history of the index.

The Conference Board said Tuesday that its consumer confidence index fell by a point to 94.6 in October from an upwardly revised September reading of 95.6. Economists were expecting the reading to come in unchanged from the previous month. One year ago, the reading was 109.5.

Consumers’ moods dropped further in November, according to a monthly survey from the University of Michigan, continuing a slide that has worsened amid persistent price increases and an extended government shutdown.

Consumer confidence in October slid for a third consecutive month, hitting its lowest level since April when President Trump’s tariff announcements sent shock waves through the economy.

UF researchers report Florida’s consumer sentiment fell for a fourth month in October, reflecting weaker views on finances and the national economy.

French consumer confidence fell in March to its lowest point in a little more than a year as inflation fears surged to their highest level ever, a monthly survey showed on Tuesday.