A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.

A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.

A new survey by the University of Michigan suggested that Americans may be frightened over economy as the ongoing U.S. government shutdown reverberates with no end in sight.

Economic concerns felt by Americans of different ages, incomes and political affiliations, survey finds

Economists were caught off guard. Those polled had expected a slight month-to-month increase for a reading of 54.2.