Consumer Sentiment Down in September as Economy Lags

by Michael Catarevas

The latest University of Michigan Consumer Sentiment Index, released Aug. 28, came in at 48.1 in September, falling from 51.7 in August, likely due to inflation worries and a lackluster economic outlook. Current economic conditions and consumer expectations were also slightly lower. “Consumer sentiment ticked down less than four index points in September, reaching the…

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