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The consumer sentiment index tracked by the University of Michigan hit record lows this year. Goldman Sachs is blaming weak consumer sentiment readings on broader feelings of unhappiness in society.
The University of Michigan Consumer Sentiment Index final reading fell to 47.8 in September, a 7.5% decrease from August. The Current Economic Conditions Index fell 1.9% to 50.9, while the Consumer ...
September Consumer Sentiment: 47.8 vs. 51.4 consensus and 51.7 prior, according to the preliminary data released by the University of Michigan Survey of Consumers on Friday. "Consumer sentiment ...
WASHINGTON, Sept 11 (Reuters) - U.S. consumer sentiment deteriorated in early September as rising gasoline prices and trade tensions stoked fears of ‌higher inflation over the next 12 months, a survey ...
The University of Michigan's preliminary sentiment index decreased to 47.8 in September from 51.7, according to the survey released Friday, below all estimates in a Bloomberg survey of economists.