CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Consumer Sentiment Declines in March

Consumer Sentiment Declines in March

March 31, 2023 By CollisionWeek Editor

Weakening outlook due to high prices, not banking turbulence.

Consumer sentiment fell for the first time in four months in the wake of a 13% decline in consumers’ outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers.

The Consumer Sentiment Index fell to 62.0 in the March 2023 survey, down from 67.0 in February and above last March’s 59.4. The Current Index fell to 66.3, down from 70.7 in February and below last March’s 67.2. The Expectations Index fell to 59.2, down from 64.7 in February and above last March’s 54.3.

Declines

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

  • Collision Repair Industry Production Down in June August 22, 2025
  • SEMA Calls for ADAS Policy Changes in Highway Bill Comments August 22, 2025
  • VinFast Opens First California Dealership in San Diego August 22, 2025
  • Nearly Half of Auto Insurance Policies Shopped in Past Year August 22, 2025
  • John Mendel Elected Chairman of LKQ Corporation Board August 22, 2025
  • Drivers Must Intervene with Traffic Assistance Systems Every 10 Minutes August 21, 2025
  • Collision Claims for Battery Electric Vehicles Decline for the First Time in the U.S. August 21, 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