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U.S. consumer sentiment improves in September

Christian Fernsby ▼ | October 2, 2020
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improve by more than previously estimated in the month of September.
U.S. consumers
Sentiment   U.S. consumers
The report said the consumer sentiment index for September was upwardly revised to 80.4 from the preliminary reading of 78.9. Economists had expected the index to be upwardly revised to 79.0.

Topics: U.S.

With the bigger than expected upward revision, the consumer sentiment index is well above the final August reading of 74.1.

The report showed the index of consumer expectations for September was upwardly revised to 75.6 from 73.3. The index came in at 68.5 in August.

The current economic conditions index for September ticked up to 87.8 from the preliminary reading of 87.5 and compares to a reading of 82.9 in the previous month.