The University of Michigan’s consumer sentiment index dropped unexpectedly in November to the lowest level since May as inflation concerns mounted. … READ MORE >
University of Michigan consumer sentiment
Consumer sentiment hits 5-month low amid elevated inflation expectations
Consumer sentiment this month dropped to the lowest since May. The decline stems from the rebound in inflation and weakened expectations due to a looming government shutdown. … READ MORE >
Industrial production nears a record high as consumer sentiment falls
Industrial volume in August rose by 0.4% to the highest level in 11 months, nearing the record registered last September, as consumer sentiment In September fell to the lowest level in three months. … READ MORE >
Consumer sentiment highest in nearly two years
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 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 >
Have consumers maxed out their spending?
As consumer liquidity begins to dwindle, middle market businesses in the consumer products industry need adaptable tools to ensure profitability. … READ MORE >
Consumer sentiment drops as inflation expectations rise
The report showed a marked increase in long-term inflation expectations for the next five to 10 years, rising to 3.2% from 3.0% to reach the highest level since 2011. … 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 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 >