U.S. Consumer Confidence Is Down

There are new updates on the economy.

FOX’s Dave Anthony reports:

We are less optimistic about the job market and that’s dragging consumer confidence down this month nearly 10%. In the Conference Board Survey fewer Americans described jobs as plentiful and fewer expect their incomes to rise.

In the housing market, prices rose nearly 6% in September compared to a year ago, the most in 13 months. The Case-Shiller Index tracks 20 big U.S. cities and finds a lack of homes for sale is making buyers bid higher. San Francisco prices had the biggest spike, up more than 11%.

It’s more information for the Fed to consider. Policymakers are expected to raise interest rates next month.

Dave Anthony, FOX News.