U.S. Consumers Wary Again

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009894-us-consumers-wary-again/

In the headlines this afternoon, U.S. consumer sentiment fell during April, as rising oil prices and the threat of inflation worry Americans.

According to the University of Michigan, consumer sentiment fell to 88.7 in mid-April from 92.6 in March, its lowest reading in 18 months. The dip was greater than the decline for which economists were looking. The indexes for both current and expectations also declined. Economists caution however that surveys aren’t always a good predictor of consumer spending.

For this complete story, please visit U.S. Consumers Wary Again.

U.S. Consumers Wary Again

Unknown Author

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