Overview

• University of Michigan's consumer sentiment index rose to 67.8 in August, up from 66.4 in July.
• Democrats and independents showed increased optimism, while Republicans' sentiment declined.
• 41% of consumers believe Harris is better for the economy compared to 38% for Trump.
• Despite improved sentiment, current economic conditions are viewed less favorably.
• Retail sales saw a notable 1% increase from June to July, driven by strong performance in electronics, supermarkets, and auto sales.