Photographer: Craig Warga/Bloomberg

Consumer Sentiment in U.S. Slumps to Lowest Level in a Year

Updated on
  • University of Michigan gauge has biggest setback since 2012
  • Share hearing news of stock market woes highest in seven years

Consumer sentiment declined in September to the lowest level in a year as Americans anticipated a weaker economy in the face of a global slowdown and turbulent financial markets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.