Consumer sentiment jumped to its highest level since September 2021 on the heels of continuing disinflation and an improved view of household finances, according to the University of Michigan’s survey on Friday. … READ MORE >
Consumer sentiment
Consumer sentiment gains on improving inflation expectations
What is most notable from Friday’s consumer sentiment data is the plunge in year-ahead inflation expectations to 3.3% from 4.2%, an enouraging sign for the Fed in its effort to restore price stability. … READ MORE >
Are the good times in consumer spending coming to an end?
Consumers have shown remarkable resilience as the economy has rebounded from the depths of the pandemic, but that could be changing. … READ MORE >
Consumer sentiment fell in March, before the financial turmoil
Consumer sentiment for March dropped to 63.4 from 67 as consumers’ confidence in the current economic conditions and their expectations both worsened on the month, though the survey results did not reflect the recent turmoil in financial markets … READ MORE >
Consumer sentiment falls as outlook worsens
The University of Michigan’s consumer sentiment index declined by a sharp 5.2 points to 54.7 in the first half of November, slightly above the all-time low in June. … READ MORE >
Consumer sentiment rises to highest level since May
Consumer sentiment improved to 59.5 in September as inflation concerns eased, according to the University of Michigan’s index. … READ MORE >
University of Michigan survey: Consumer sentiment rises on better economic outlook
U.S. consumer sentiment rose more than expected in August on the back of the sharp drop in gasoline prices, but remains near a record low as consumers shouldered multi-decade-high inflation and continuing economic uncertainty. … READ MORE >
Consumer sentiment eases as industrial production falls
The drop in long-term inflation expectations was quite significant, down to 2.8%, the lowest in about a year, from 3.1%. … READ MORE >
Chart of the day: Consumer sentiment drops to record low
The headline consumer sentiment index from the University of Michigan dropped to 50.2, the lowest on record. … READ MORE >
Initial jobless claims remain low as consumer sentiment rises unexpectedly
Initial jobless claims last week rose to 185,000 yet remained significantly below the pre-pandemic level. At the same time, consumer confidence increased unexpectedly, according to the University of Michigan survey. … READ MORE >