Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers. The Friday (Oct. 25) release surveying consumer sentiment noted that October’s reading came in at the highest level since April...
Consumer sentiment inched down in early October amid continued frustration over the prices of goods and services. While it dipped a “meager” 1.7% or 1.2 index points — a figure that is within the margin of error — it marked a change from the gains...
There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. But while the University of Michigan’s preliminary reading for the month showed the consumer sentiment index at 69, up from a final reading of 67.9 in August, expectations on...
Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging the overall mindset on everything from politics to inflation, was higher for the month of August thus far — just...
September 13, 2024
There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. But while the University of Michigan’s preliminary reading for the month showed the consumer sentiment index at 69, up from a final reading of 67.9 in August, expectations on inflation were mixed. Consumer surveys of one-year inflation expectations fell […]
August 16, 2024
Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging the overall mindset on everything...
July 26, 2024
The bifurcation in consumer spending — between higher-income and lower-income individuals and households — looks set to widen. And in the meantime, as detailed in the University of Michigan’s Consumer...
March 15, 2024
Call it status quo — and maybe a sense of ennui? The latest, preliminary readings of consumer sentiment for the month of March, issued Friday (March 15) by the University...
October 11, 2024
Consumer sentiment inched down in early October amid continued frustration over the prices of goods and services. While it dipped a “meager” 1.7% or 1.2 index points — a figure that is within the margin of error — it marked a change from the gains seen during the previous two months, according to preliminary results […]
August 16, 2024
Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023. This is the fourth consecutive...
February 02, 2024
Consumer sentiment has reached its highest level since July 2021, with consumers expecting improvements in both inflation and personal incomes. The index reached this level with a 13% month-over-month improvement...
December 08, 2023
Consumer sentiment soared in December, reaching a point 13% higher than the previous month and 16% above the year-ago level. This marked a turnaround in consumer sentiment and erased all...
