-
Consumer Sentiment in U.S. Declined in August to Three-Month Low
Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans’ outlook for the U.S. economy in the coming year. The University of Michigan consumer sentiment final index for the month fell to 91.9 from 93.1 in July. The median projection in a Bloomberg survey of economists called for a reading 93, little changed from the preliminary reading of 92.9. A measure of prospects for the economy over the next 12 months was the weakest since November. Confidence withered in the second half of the month after U.S. stocks plunged on concerns about the Chinese economy. A ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 28, 2015 10:11am Aug 28, 2015 10:11am
- Guest
- | IP XX.X.127.154
- Comment #2
- Quote
- Aug 28, 2015 10:17am Aug 28, 2015 10:17am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments
- Comment #3
- Quote
- Aug 28, 2015 10:27am Aug 28, 2015 10:27am
- Guest
- | IP XXX.XX.44.122
- Comment #4
- Quote
- Aug 28, 2015 10:30am Aug 28, 2015 10:30am
- althar
- | Joined Apr 2011 | Status: Member | 478 Comments