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U.S. consumer sentiment falls to lowest level in 12 years

  • U.S. consumer sentiment fell to its lowest level in 12 years.
  • Gasoline and diesel costs increased as employment prospects remained uncertain.
  • The Conference Board reported its September reading on the 29th, local time.

U.S. consumer sentiment has dropped to its lowest level in 12 years as rising gasoline and diesel prices deepen cost-of-living concerns. The Conference Board reported the September reading on the 29th (local time), with anxiety spreading across every age and income bracket amid an unsettled employment outlook.

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