Friday, September 17, 2010

Consumer Sentiment declines in September, lowest level in a year

by Bill McBride on 9/17/2010 09:55:00 AM

From MarketWatch: U.S. Sept. consumer sentiment falls to 66.6

The UMich index declined to 66.6 in September - the lowest level since August 2009 -- from 68.9 in August.
Consumer Sentiment Click on graph for larger image in new window.

Consumer sentiment is a coincident indicator - and this is further evidence of a sluggish economy.

This was a big story in July when consumer sentiment collapsed to the lowest level since late 2009. Now it is even lower ...