Consumer sentiment falls by nearly 8% in August

Consumer sentiment falls by nearly 8% in August

THOUSAND PALMS, Calif. (KESQ) — Inflation remains persistent, leading the 30-year Treasury yield to reach a 19-year high of 5.33%. Amid inflation concerns, consumer sentiment fell nearly 8% in August, wiping out the gains from the past two months. The decline in sentiment was pervasive across a wide range of demographics but was notably greater The post Consumer sentiment falls by nearly 8% in August appeared first on KESQ.