Consumer sentiment down in October

US consumer sentiment fell to the weakest level seen in 18 months in early October, with attitudes about current economic conditions slipping to the lowest point of the year, a key benchmark showed Friday. The University of Michigan's consumer sentiment index sank to 87.

US consumer sentiment fell to the weakest level seen in 18 months in early October, with attitudes about current economic conditions slipping to the lowest point of the year, a key benchmark showed Friday. The University of Michigan's consumer sentiment index sank to 87.5 in early October from 94.2 in September. Economists had been expecting a slight drop to about 93.9.