Monday, August 20, 2018

Consumer sentiment slides to 11-month low

Chain Store Age
Consumer sentiment dipped in August amid concern about rising prices.

The University of Michigan’s consumer sentiment index fell to 95.3 in August, down from 97.9 in July, according to a preliminary reading. It was the lowest level in 11 months, and below economists’ expectations who were looking for it to reach 98. . . . more