August University of Michigan Consumer Sentiment: 63.2, much lower than consensus of 68.5 and...

|By:, SA News Editor
August University of Michigan Consumer Sentiment: 63.2, much lower than consensus of 68.5 and vs. 66 in July. Current conditions index fell to 64.9 from 70.5. Peronal finances hit an all-time low. Consumers reported "much less favorable assessments of their personal finances even as they were more likely to expect improved conditions in the national economy."