US Prelim UoM Consumer Sentiment

The Consumer Sentiment Index in the United States declined by 1.1% in January compared to the month before, to stand at 73.2, a preliminary report by the University of Michigan showed on Friday. On an annual level, the figure plunged by 7.3%. The Current Economic Conditions Index jumped 3.7% in the reported month compared to December but dropped 4.9% compared to January 2024, amounting to 77.9 points. The Index of Consumer Expectations fell by 4.2% on a monthly basis and 8.9% on an annual basis, coming in at 70.2. "Year-ahead ...

The Consumer Sentiment Index in the United States rose in November compared to the previous month to land at 73.0, according to a preliminary report published by the University of Michigan on Friday. The figure grew 19.1% compared to the same period of last year. The Current Economic Conditions Index saw a decline of 0.9% compared to the month prior, slumping 5.7% on an annual level, to stand at 64.4. Meanwhile, the Index of Consumer Expectations was up 5.9% on a monthly basis while jumping 38.2% compared to the same period of 2023, ...

The Consumer Sentiment Index in the United States decreased in October compared to the previous month to land at 68.9, according to a preliminary report published by the University of Michigan on Friday. The figure grew 8.8% compared to the same period of last year. The Current Economic Conditions Index saw a decline of 0.9% compared to the month prior, slumping 11.2% on an annual level, to stand at 62.7. Meanwhile, the Index of Consumer Expectations was down 2.0% on a monthly basis while jumping 22.9 compared to the same period of ...

Consumer confidence in the US improved slightly in early September, with the University of Michigan's Consumer Sentiment Index edging higher to 69 from 67.9 in August. This reading came in above the market expectation of 68. The Current Conditions Index rose to 62.9 from 61.3 and the Consumer Expectations Index improved to 73 from 72.1. The details of the survey showed that the one-year inflation expectation edged lower to 2.7% from 2.8, while the five-year inflation outlook increased to 3.1% from 3%. These data failed to trigger a ...

Consumer survey from the University of Michigan • July final was 71.6 • Current conditions 60.9 vs 76.6 prior • Expectations 72.1 vs 68.3 prior • 1-year inflation 2.9% vs 2.9% prior • 5-10 year inflation 3.0% vs 3.0% prior. • Overall, expectations strengthened for both personal finances and the five-year economic outlook (highest reading in four months). Yesterday's retail sales report was strong and Walmart executives repeatedly described a stable and resilient consumer so I have a hard time putting any weight on this survey, which ...