Daily Roundup of Key US Economic Data for Oct. 28

BY MT Newswires | ECONOMIC | 10/28/25 02:52 PM EDT

02:52 PM EDT, 10/28/2025 (MT Newswires) -- The Conference Board's Consumer Confidence Index fell to 94.6 in October from a 95.6 reading in September due to a decrease in the expectations index that was partially offset by a gain in the current conditions index.

The Conference Board noted the assessment of employment and business conditions improved in the near term, but concerns rose for those same measures for the future.

The FHFA home price index posted an unexpected 0.4% gain in August after a flat reading in July. The index was 2.3% higher than a year ago.

Released at the same time, S&P Case-Shiller reported a 0.3% August home price decline after a 0.2% drop in July. The index was up 1.5% year-over-year, down from the 1.6% rate in the previous month.

The Dallas Federal Reserve's services index reading fell to minus 9.4 in October from minus 5.6 in September, while the Richmond Fed's services reading rose to 4 in October from 1 in September. Other regional services data already released suggested continued contraction.

The Richmond Fed's manufacturing index rose to minus 4 in October from minus 17 in September. Other regional manufacturing data already released have been mixed.

Redbook reported that US same-store retail sales were up 5.2% year-over-year in the week ended Oct. 25, faster than a 5% gain in the prior week due to increasing Halloween sales and demand for seasonal clothing as the weather cools.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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