U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month's six-year high, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment slipped to 80.0 from 85.1 in July, the highest since July 2007.
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U.S. retail sales were up slightly, 0.2 percent in July, compared with the same month last year.
The monthly Furniture Buying Index moved up one point this month to a reading of 77, according to America's Research Group.
Some analysts fear that Furniture Brands International's falling share price creates the threat of bankruptcy.
U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations of the Federal Reserve curtailing its bond purchases later this year.
New orders from retailers for furniture rose 6 percent in May compared with May 2012, according to the latest Furniture Insights survey.
Not all small businesses are cutting ad spending for efficiency. In some categories, like furniture, business dynamics are forcing them to eliminate the expense to survive.