Consumer Sentiment in U.S. Eased in August to Four-Month Low
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Consumer confidence eased in August to a four-month low as Americans become less optimistic about their finances for the year ahead.
The University of Michigan said Friday that its final index of sentiment stood at 89.8 this month compared with 90 in July. The median projection in a Bloomberg survey called for 90.8 after a preliminary reading of 90.4.