U.S. Consumer Sentiment Climbs for First Time in Four Months
Shoppers and pedestrians pass in front of a store window displaying shoes for sale at the Lincoln Road Mall in Miami Beach, Florida, U.S., on Wednesday, Sept. 21, 2016. The Conference Board is scheduled to release consumer confidence data on Sept. 27.
Photographer: Scott McIntyre/BloombergThis article is for subscribers only.
Consumer confidence rose in September for the first time in four months as Americans grew more upbeat about the prospects for incomes and persistent low inflation.
The University of Michigan said Friday that its final index of sentiment rose to 91.2 from 89.8 in August. The median projection in a Bloomberg survey called for 90, little changed from the 89.8 preliminary September reading.