While the manufacturing sector continued to expand and the U.S. budget deficit was less than expected in August, consumer sentiment unexpectedly hit a roadblock, falling 2.3 points in September to 66.6 — the index’s lowest level since August 2009.
A Bloomberg survey had expected consumer sentiment in September (preliminary) to rise to 70.0. Consumer sentiment was at 67.8 in July, 76.0 in June, and…
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Consumer Sentiment Unexpectedly Falls to Lowest Level in a Year originally appeared on DailyFinance on Fri, 17 Sep 2010 11:40:00.
Filed Under: Economy