Despite economic uncertainty, U.S. consumer confidence held steady in October. According to the University of Michigan’s consumer survey, the index currently sits at 55 points, barely budging from September. This month, consumers displayed a more positive outlook on their personal finances and the business environment over the next year. However, expectations for future personal finances and current conditions for purchasing durable goods saw a slight dip, offsetting each other’s influence. Overall, consumers believe the economic outlook has not significantly shifted compared to last month. High prices and concerns surrounding employment prospects continue to be top priorities for consumers who anticipate little improvement in these areas.