UMich Consumer Confidence Tumbles To Lowest Since October, Worst Drop In 4 Years
by Tyler Durden
ZeroHedge.com
09/25/2015
Despite rising modestly from the preliminary print, UMich Consumer Sentiment for September finalised at 87.2 – the lowest since October 2014. This is now the biggest 8-month drop since 2011. Inflation expectations fell modestly as “hope” fell to the lowest level since September. Household Income gain expectations continue to slide (now just 1%) back to 13 month lows.
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