US Consumers are Feeling Less Optimistic About the Economy for the First Time this Summer
Thursday, August 31st, 2023
Americans became slightly less optimistic about the economy this month, following two straight months of growing confidence.
Consumer sentiment tracked by the University of Michigan fell to 71.2 in August from the prior month, down from a reading of 71.6 in July, according to a preliminary estimate. Sentiment had been on an upswing throughout the summer, mostly due to slower inflation, and is well above the record lows reached this time last year.
Read More at Yahoo! Fiannce.
