Economics
U.S. Consumer Sentiment Cools for a Second Month
Consumer sentiment in the U.S. cooled for a second month while remaining around levels consistent with a steady economy and solid job market, according to a University of Michigan report Friday.
Shoppers pass in front of the Karma Living kiosk at the Union Square Holiday Market in New York, U.S., on Friday, Dec. 1, 2017.
Photographer: Kholood Eid/BloombergThis article is for subscribers only.
Consumer sentiment in the U.S. cooled for a second month while remaining around levels consistent with a steady economy and solid job market, according to a University of Michigan report Friday.
Even with the decline in the main index and a higher inflation outlook, Americans remain relatively optimistic about employment prospects and the economic outlook, with the report showing improved household finances.