Consumer Sentiment Drops in August; Economic Instability Cited
The latest University of Michigan Consumer Sentiment Index, released Aug. 28, came in at 51.7 in August 2026, falling from 55.2 in July due to persistent inflation worries and a worsening economic outlook. “Consumer sentiment confirmed its early month reading, falling about 6% from last month and landing about 11% below a year ago amid…
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