Saturday, October 10, 2015
Current Weather
Loading Current Weather....
Published: Saturday, 8/18/2012

UM consumer index rises for early August


WASHINGTON -- The University of Michigan-Thomson Reuters gauge of consumer sentiment rose in early August, according to a report released Friday.

The preliminary reading was 73.6 -- the highest level since May -- compared with a final July reading of 72.3.

The gauge, which covers how consumers view their personal finances as well as business and buying conditions, averaged about 87 in the year before the recession.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories