U.S. Consumer Sentiment Falls Much More Than Expected In September
Posted on | September 13, 2013 | No Comments
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U.S. Consumer Sentiment Falls Much More Than Expected In September
Consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September, according to a report released by Thomson Reuters and the University of Michigan on Friday. The report said the preliminary reading on the consumer sentiment index for September came in at 76.8, down from August’s final reading of 82.1. Economists had expected the index to edge down to 82.0. With the much bigger than expected decrease, the consumer sentiment index fell to its lowest level since hitting 76.4 in April. Reuters said survey director Richard Curtin attributed the decline to “growing concerns that…
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