US Consumer Sentiment Falls as Inflation Expectations Climb
Shoppers at the Broadway Plaza Shopping Center in Walnut Creek, California.
Photographer: David Paul Morris/BloombergUS consumer sentiment unexpectedly fell for the first time since April and inflation expectations rose on lingering anxiety about the impact of tariffs.
The preliminary August sentiment index fell to 58.6 from 61.7 a month earlier, according to data from the University of Michigan released Friday.