CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Preliminary Consumer Sentiment Results for March 2020 Shows Slight Decline

Preliminary Consumer Sentiment Results for March 2020 Shows Slight Decline

March 13, 2020 By CollisionWeek Editor

University of Michigan preliminary results for March shows pandemic not generating consumer panic seen during 2008 financial crisis.

According to the University of Michigan Survey preliminary results released this morning, consumer sentiment fell in early March due to the spreading coronavirus and the steep declines in stock prices. Importantly, the initial response to the pandemic has not generated the type of economic panic among consumers that was present in the run up to the Great Recession according to Surveys of Consumers chief economist, Richard Curtin.

Consumer Sentiment March 2020 Preliminary Report

The mid-March index came in at 95.9, down 5.0% from 101.0 in February and down

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. 

Filed Under: News Tagged With: Consumer Sentiment Index, University of Michigan

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Classic Collision Acquires Repair Facility in Alabama June 6, 2025
  • Wholesale Used-Vehicle Prices Down in May June 6, 2025
  • Industry Leader Charles Edward “Chad” Sulkala Passes Away at 54 June 6, 2025
  • Subaru Approves Hunter Engineering’s ADAS Calibration System June 6, 2025
  • BASF Coatings Partners with Toyota Motor Europe on Body & Paint Program June 6, 2025
  • US Auto Suppliers Call for Action on China Rare Earth Restrictions June 6, 2025
  • New Light-Vehicle Sales Ease Up in May June 5, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in