Consumer Sentiment declines in September, lowest level in a year

from Calculated Risk by CalculatedRisk

From MarketWatch: U.S. Sept. consumer sentiment falls to 66.6

The UMich index declined to 66.6 in September – the lowest level since August 2009 — from 68.9 in August.

Consumer Sentiment Click on graph for larger image in new window.

Consumer sentiment is a coincident indicator – and this is further evidence of a sluggish economy.

This was a big story in July when consumer sentiment collapsed to the lowest level since late 2009. Now it is even lower …

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