US Consumer Sentiment at 12-Month Low


The University of Michigan's consumer sentiment declined to 85.7 in September from 91.9 in August, the largest one-month decline since the end of 2012. The preliminary index came below market consensus as current and future expectations worsened due to volatile financial markets and global slowdown.

The barometer of current economic conditions fell to 100.3 in September from a final reading of 105.1 in August and the gauge of consumer expectations decreased to 76.4 from 83.4 in the previous month.

Americans expect the inflation rate in the next year will rise to 2.9 percent from 2.8 percent in August. Over the next 5 to 10 years, they expect consumer prices to increase 2.8 percent, compared with 2.7 percent in the previous month.

US Consumer Sentiment at 12-Month Low


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2015 6:47:08 PM