The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 from a July reading of 71.6.
The numbers: The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 after hitting a 22-month high of 71.6 in the prior month.
Another key part of the report is the UMich measure of... The numbers: The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 after hitting a 22-month high of 71.6 in the prior month. Key details: According to the UMich report, a gauge of consumers’ views on current conditions rose to to 77.4 in August from 76.6 in the prior month, while a barometer of their future expectations fell to 67.3 from 68.3.
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