Down 8.4% ... Are you thinking to your self "Is that ALL?"

:-D

  • Down 8.4% in September to 51.3, from 56.0 in August

Via MNI commentary:

  • Most underlying components of the survey fared better than the overall measure
  • "The increase in August now looking more like an overreaction following July's turmoil rather than a sustainable change in fortunes"
  • Headline sentiment has been heavily influenced by external factors such as policy announcements and stock market volatility in recent months