The US consumer confidence has not improved

The Preliminary Consumer Sentiment for September of the University of Michigan and Reuters came in at 89.8points, unchanged from the August Final reading. Analysts expected 90.8 points.

Confidence was unchanged in early September from the August final and barely different from the July reading. Small and offsetting changes have taken place in the third quarter 2016 surveys: modest gains in the outlook for the national economy have been offset by small declines in income prospects as well as buying plans. (MTI)