U.S. Consumer Sentiment Drops in September
(MENAFN) The University of Michigan's gauge of consumer sentiment in the United States was adjusted downward by 3.1 points, settling at 55.1 for the month of September.
According to the institution, the earlier estimate for September stood at 55.4, whereas in August, the index was recorded at 58.2.
The indicator assessing the "current economic conditions" declined by 1.3 points, reaching 60.4 in September.
The "consumer expectations index," which represents individuals' projections for the future, dropped by 4.2 points, landing at 51.7 during the same timeframe.
Meanwhile, people’s short-range views on inflation eased slightly, dipping from 4.8% to 4.7% in September.
On the other hand, long-range inflation expectations increased from 3.5% to 3.7% over the same span.
According to the institution, the earlier estimate for September stood at 55.4, whereas in August, the index was recorded at 58.2.
The indicator assessing the "current economic conditions" declined by 1.3 points, reaching 60.4 in September.
The "consumer expectations index," which represents individuals' projections for the future, dropped by 4.2 points, landing at 51.7 during the same timeframe.
Meanwhile, people’s short-range views on inflation eased slightly, dipping from 4.8% to 4.7% in September.
On the other hand, long-range inflation expectations increased from 3.5% to 3.7% over the same span.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Kintsu Launches Shype On Hyperliquid
- Barunson, Studio Behind Parasite, To Launch Nplug IP Remixing Platform On Story And Bring Flagship IP Onchain
- Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story
- Leverage Shares Launches First 3X Single-Stock Etps On HOOD, HIMS, UNH And Others
- Alchemy Markets Launches Tradingview Integration For Direct Chart-Based Trading
- Dexari Unveils $1M Cash Prize Trading Competition
Comments
No comment