Consumer sentiment weakens in August

U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month’s six-year high, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index on consumer sentiment slipped to 80.0 […] Read more »

Economic Confidence Edges Back Up

Americans’ confidence in the economy improved last week after slipping in late July and early August. Gallup’s Economic Confidence Index rose to -10 in the week ending Aug. 11 from the previous week’s -14 — the worst confidence rating since mid-April. The increase in consumers’ confidence this week is the […] Read more »