U of Michigan Reuters Consumer Sentiment Improves Half a Point in August

The preliminary consumer sentiment survey from
Reuters & the University of Michigan improved half a point to 61.7,
following the preceding month’s approach five-point rebound. additionally, one-year
inflation expectations moved down to 4.8% from July’s 5.1% forecast.

The slight improvement contrasts with the recent

deterioration in the weekly survey of consumer consolation from ABC News.

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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