U.S. consumer sentiment fell to 92.1 in August, the lowest indicator readout since the start of 2019, according to data released Friday. The dip points to further uncertainty in the U.S. economy, as consumers navigate wild market swings and a constantly shifting trade environment.
The University of Michigan’s preliminary August print came in well below Wall Street estimates. Economists polled by Refinitiv expected the preliminary read on August consumer sentiment to reach 97, down from 98.4 in July. CNBC