UMich Consumer Sentiment Slips As Business Expectations Collapse To 11-Month Lows

Friday, August 14, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/14/2015

It appears the US Consumer is losing faith. August preliminary UMich Consumer Sentiment slipped from July’s 93.1 and missed expectations. This is the 2nd weakest print since November. Longer-term inflation expectations fell back to 2.7% and expectations for household income growth slipped to just 1.6%, but the collapse in business expectations to 11-month lows is the most crucial aspect.

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