US Consumer Sentiment Rises in September

The University of Michigan Consumer Sentiment Index rose to 80.4 in September, up from 74.1 in August, data showed on Friday.

The index remains well below its levels prior to the COVID-19 pandemic, which reached a peak of 101 in February, and below its level for the same period last year at 93.2.

The Expectations Index reached 75.6 last month, up from 68.5 in August

Consumer sentiment continued to improve in late September, with the Sentiment Index reaching its highest level in six months, according to the University of Michigan Surveys of Consumers.