CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Consumer Optimism at Lowest Point in Last Decade

Consumer Optimism at Lowest Point in Last Decade

December 2, 2021 By CollisionWeek Editor

University of Michigan study shows one in four consumers cited inflation eroding living standards in November.

Consumers expressed less optimism than any other time in the past decade, including more negative prospects for their own finances as well as for the overall economy, according to the University of Michigan Surveys of Consumers.

The Consumer Sentiment Index declined in November to 67.4, down 6.0% from last month’s 71.7 and falling to the lowest level in a decade. The Expectations Index fell to 63.5 from last month’s 67.9 and was well below last year’s 70.5. The Current Conditions Index fell to 73.6,

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

  • Fix Network Names Sonia Bouthillette VP of Sales and Operation for Canadian Operations July 1, 2025
  • Mental Health Crisis, Police Cuts Linked to Rise in Impaired-Driving Deaths During Pandemic July 1, 2025
  • SkillsUSA 2025 National Collision Repair, Automotive Refinish and Damage Appraisal Medalists Announced July 1, 2025
  • United Recyclers Group Announces Changes to Board Leadership July 1, 2025
  • Labor Department Awards $84M to Expand Registered Apprenticeship Programs July 1, 2025
  • AASP/NJ Plans 18th Annual Lou Scoras Memorial Golf Tournament September 16 June 30, 2025
  • Insurance Group Urges Federal Task Force on Staged Car Crashes June 30, 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 · Log in