US Prelim UoM Consumer Sentiment

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 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 ...

The Consumer Sentiment Index in the United States declined 3.2% in July compared to the month prior to stand at 66, a preliminary report released by the University of Michigan showed on Friday. The figure also tumbled by 7.7% on an annual level. The Current Economic Conditions Index fell 2.7% in the reported period compared to June and decreased by 16.2% from July 2023, amounting to 64.1 points. The Index of Consumer Expectations decreased by 3.4% on a monthly basis and by 1.6% on a yearly basis, coming in at 67.2. "Year-ahead ...

The June 2024 UMich June preliminary consumer sentiment reading • Prior was 67.4 • Current conditions 62.5 vs 68.8 prior • Expectations 67.6 vs 66.5 prior • 1-year inflation 3.3% vs 3.5% prior • 5-year inflation 3.1% vs 3.1% priorConsumer Sentiment Declined 5.1% to 65.6 in June Consumer sentiment declined 5.1% to 65.6 in June, according to preliminary results from the University of Michigan Survey of Consumers. This represents a 2.2% increase year over year. “Consumer sentiment was little changed in June; this month’s ...

Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday. Additionally, consumers are bracing for even higher price increases in the year ahead compared to readings from prior months, the survey found. The gauge, which is closely tracked by the Biden administration, plunged 13% from April’s 77.2% reading to 67.4%. However, that’s still a better reading than last May, when inflation was running at 4%, versus the ...