Consumer Sentiment Index Upwardly Revised To 65.7 In August

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Reuters and the University of Michigan released their final report on consumer sentiment in the month of August on Friday, showing that their consumer sentiment index was upwardly revised by much more than economists had been expecting.

The report showed that the consumer sentiment index came in at 65.7 in August compared to the mid-month reading of 63.2, although it remained below the final July reading of 66.0. Economists had been expecting a more modest upward revision to a reading of 64.0.

Reuters and the University of Michigan released their final report on consumer sentiment in the month of August on Friday, showing that their consumer sentiment index was upwardly revised by much more than economists had been expecting. (Market News Provided by RTTNews)