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US consumer confidence falls in August
The Consumer Sentiment Index in the United States slid 6% in August compared to the month prior, to stand at 58.2, as per the final monthly report posted by the University of Michigan on Friday. The figure plunged 14.3% on an annual level. The Current Economic Conditions Index went down 9.3% in the reported period compared to July and advanced 0.7% annually, standing at 61.7 points. The Index of Consumer Expectations decreased by 3.1% on a monthly basis to 55.9, and tumbled 22.5% on a yearly basis. "This month, few consumers spontaneously mentioned the recent events at the Bureau of Labor Statistics and the ... (full story)
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MORE UMICH FINAL AUG CONSUMER SENTIMENT: PERCEPTIONS OF MANY ASPECTED OF ECONOMY 'SLIPPED;' BUYING CONDITIONS FOR DURABLES 'LOWEST READING IN A YR' #UMich #consumer_sentiment #economy
— Mace News (@MaceNewsMacro) August 29, 2025
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UMich Takes Flamethrower To What Little Was Left Of Its Credibility
Confirming the preliminary data, UMich final prints showed sentiment weakening and inflation fears returning in August, with both Current Conditions and Expectations declining... chart Buying conditions for durable goods subsided to their lowest reading in a year, and current personal finances declined 7%, both due to heightened concerns about high prices. "Sentiment now stands about 11% above readings from April and May but remains at least 10% below 6 and 12 months ago," said UMich Survey Director Joanne Hsu. "This month’s decrease was visible across groups by age, income, and stock wealth. Moreover, ... (full story)
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- Aug 29, 2025 9:06am Posted by
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