U.S. Consumer Sentiment Jumps in Early September
September 14 2018 - 11:08AM
Dow Jones News
By Eric Morath
U.S. consumer sentiment improved markedly in September, rising
to the second-highest level since 2004, only behind the reading in
March of this year.
The University of Michigan said Friday its preliminary index of
U.S. consumer sentiment was 100.8 this month, up from August's
final reading of 96.2. The August reading had been the lowest since
January.
Economists surveyed by The Wall Street Journal had expected a
preliminary reading of 96.1 for September.
"Consumers anticipated continued growth in the economy that
would produce more jobs and an even lower unemployment rate during
the year ahead," said the survey's chief economist Richard
Curtin.
Write to Eric Morath at eric.morath@wsj.com
(END) Dow Jones Newswires
September 14, 2018 10:53 ET (14:53 GMT)
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