Outlook on overall economy declines. Experts say crisis effect on sentiment typically short lived.
Consumer sentiment fell in January to its lowest level since Donald Trump was elected, according to the latest University of Michigan Surveys of Consumers.
The Consumer Sentiment Index was 91.2 in the January 2019 survey, down from 98.3 in December and 95.7 in last January’s survey. The government shutdown was responsible for the overall decline. The Expectations Index fell to 79.9, down from 87.0 in December and the Current Economic Conditions Index fell to 108.8 from 116.1 in December, both falling to their lowest levels since
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.