Consumer sentiment dips at end of August on more worries about the U.S. economy

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Consumer sentiment dips at end of August on more worries about the U.S. economy
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A survey of U.S. consumer sentiment hung close a two-year high in August, but Americans expressed more worries about the future of the economy.

The numbers: A survey of consumer sentiment hung close a two-year high in August, but Americans expressed more worries about the future of the economy.

Key details: A gauge that measures what consumers think about the current state of the economy registered 75.7 at the end of August vs. an initial 77.4 The official rate of inflation is 3.2%, using the consumer price index, though other measures suggest prices are rising somewhat faster.

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