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Saturday, May 9, 2026

Consumer Sentiment Tumbles

U.S. consumer sentiment plunged in early September as the fallout from Hurricane Katrina made Americans nervous about an economic slowdown, a report said on Friday.

The University of Michigan said its reading on confidence dropped sharply to 76.9 so far this month from 89.1 in August, according to sources who saw the subscription-only report.

*For more on this story,


read the full Reuters article.

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