Final: Consumer sentiment fell in August
The University of Michigan Consumer Sentiment Index decreased 6.2% in August compared to the month prior, landing at 51.7, according to final results for the month. Sentiment was down 11.2% year over year. The post Final: Consumer sentiment fell in August appeared first on ABA…
The University of Michigan Consumer Sentiment Index decreased 6.2% in August compared to the month prior, landing at 51.7, according to final results for the month. Sentiment was down 11.2% year over year. The post Final: Consumer sentiment fell in August appeared first on ABA…
BELLINGS Intelligence Score: 60
Why it matters
The final University of Michigan Consumer Sentiment Index decline is a key monthly macroeconomic data point that influences market expectations for Federal Reserve policy and borrowing costs, directly relevant to credit-market professionals.
Sources
ABA Banking Journal
Final: Consumer sentiment fell in August
The University of Michigan Consumer Sentiment Index decreased 6.2% in August compared to the month prior, landing at 51.7, according to final results for the month. Sentiment was down 11.2% year over year. The post Final: Consumer sentiment fell in August appeared first on ABA…