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Business · Important news for 15 August 2026

Business

Consumer sentiment dips in August with sharp drop among Republicans

Axios · Yahoo Finance

The University of Michigan's preliminary consumer sentiment index fell 8% in August, driven largely by a steep drop among Republican respondents.

  • Overall consumer sentiment index fell to 51 in early August from 55.2 in July.
  • The steepest drop occurred among survey respondents identifying as Republicans.

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