Sentiment in the U.S. rose more than expected this month as consumers felt more confident about current and future economic conditions, according to preliminary data released Friday by the University of Michigan.
The September print on consumer sentiment rose to 92 from 89.8 in August, the university’s Surveys of Consumers data showed. Economists polled by Dow Jones expected sentiment to rise to 91. The current economic conditions index also rose to 106.9 from 105.3.