The Housing Chronicles Blog: Final August consumer sentiment index remained subdued due to higher prices and interest rates

Friday, August 31, 2018

Final August consumer sentiment index remained subdued due to higher prices and interest rates

Although there was a small uptick in late August, consumer sentiment remained at its lowest level since January. Most of the August decline was in the Current Economic Conditions Index, which fell to its lowest level since November 2016. These results stand in sharp contrast to the recent very favorable report on growth in the national economy.

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