Preliminary: Consumer sentiment fell in August
The University of Michigan Consumer Sentiment Index decreased 7.6% in August compared to the month prior, landing at 51, according to preliminary results for the month. The post Preliminary: Consumer sentiment fell in August appeared first on ABA Banking Journal .
The University of Michigan Consumer Sentiment Index decreased 7.6% in August compared to the month prior, landing at 51, according to preliminary results for the month. The post Preliminary: Consumer sentiment fell in August appeared first on ABA Banking Journal .
BELLINGS Intelligence Score: 65
Why it matters
The preliminary decline in the University of Michigan Consumer Sentiment Index is a key macroeconomic data point that could influence Federal Reserve rate expectations and credit market conditions, making it a significant monetary-policy signal for credit professionals.
Sources
ABA Banking Journal
Preliminary: Consumer sentiment fell in August
The University of Michigan Consumer Sentiment Index decreased 7.6% in August compared to the month prior, landing at 51, according to preliminary results for the month. The post Preliminary: Consumer sentiment fell in August appeared first on ABA Banking Journal .
ABA Banking Journal
Compliance question of the month: August 2026
Compliance QOTM answers question on construction loan reporting under the Home Mortgage Disclosure Act. The post Compliance question of the month: August 2026 appeared first on ABA Banking Journal .
ABA Banking Journal
NAR: Pending home sales dipped in July
Pending home sales in July decreased by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors. The post NAR: Pending home sales dipped in July appeared first on ABA Banking Journal .