Consumer Confidence Measures Mired In Depressed Terri-tory

The University of Michigan’s Surveys of Consumers Chief Economist Richard Curtin put it cogently: “Consumer sentiment has remained trendless in the same depressed range it has travelled during the past five months.”   The UM indices did rise slightly in the final August readings, with the Consumer Sentiment Index rising to 74.1 from 72.5 and…