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U.S. Consumer Sentiment Falls Most Since 2012 on Trade Fears

A shopper looks at televisions displayed for sale.
Photographer: Mark Kauzlarich/Bloomberg
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U.S. consumer sentiment fell the most in six years, slumping to the lowest level of Donald Trump’s presidency as Americans expressed concern about how his tariffs will affect the economy.

The University of Michigan’s final sentiment index fell to 89.8 in August from a previously reported 92.1 and 98.4 in July, data showed Friday. The gauge of current conditions dropped to the lowest since October 2016, while the expectations index matched January as the weakest since that same period.