UPDATE 1-US consumer sentiment rises in early Sept on jobs view
Source: Reuters
(Reuters) - Consumer confidence unexpectedly improved in early September as Americans anticipated better economic and employment prospects, but the cheery attitudes could be temporary, a survey showed on Friday.
The Thomson Reuters/University of Michigan's preliminary September consumer sentiment index rose to 79.2 from 74.3 in August. That topped expectations for a decline to 74.0, according to a Reuters poll.
The gauge of consumer expectations climbed to 73.4 from 65.1, though the barometer of current economic conditions nudged down to 88.3 from 88.7. Both the sentiment and expectations measures were at their highest levels since May.
Just 12 percent of those surveyed expected the unemployment rate to rise, down sharply from the 25 percent who anticipated an increase in August's survey. This month's proportion was the lowest recorded since 1966.
Read more: http://in.reuters.com/article/2012/09/14/usa-economy-sentiment-idINL1E8KE6HH20120914
