U.S. consumer sentiment pares gains as economic outlook dims

THE UNITED STATES consumer sentiment index rose to 95.5 from September’s 93.2, according to the University of Michigan. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
THE UNITED STATES consumer sentiment index rose to 95.5 from September’s 93.2, according to the University of Michigan. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
WASHINGTON – United States consumer sentiment pared gains from earlier in October while remaining elevated, suggesting Americans’ spending will continue to support the economy despite weakness in manufacturing. The University of Michigan’s final sentiment index rose to 95.5 from September’s 93.2, data showed Friday. The preliminary reading and median estimate of economists were both 96.…

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