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Consumers’ views on current economy rise (Michigan consumer sentiment)
Marketwatch ^ | 9.16.11 | Ruth Mantell

Posted on 09/16/2011 8:34:17 AM PDT by Free Vulcan

The preliminary sentiment reading for September increased to 57.8 from 55.7 in August. The August reading was the lowest level since November 2008 with Washington’s protracted debt-ceiling negotiations taking a toll on consumers.

“The mood of Americans remains dark so far this month, but not as dark as in August. Not that they can be blamed...,” wrote Jennifer Lee, senior economist at BMO Capital Markets...

...Economists polled by MarketWatch had expected a reading of 57.3...

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: consumer; economy; michigan; sentiment

1 posted on 09/16/2011 8:34:25 AM PDT by Free Vulcan
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