Preliminary results for September 2018 from the University of Michigan Survey of Consumers shows second largest rise since 2004, only behind March 2018 reading. Consumer sentiment posted a robust rise in early September, reaching 100.8, the second highest level since 2004-only behind the March 2018 reading of 101.4. According to the University of Michigan (UM) […]
Consumers Sentiment Slightly Down in May
University of Michigan survey shows consumers sentiment remains at favorable levels. Fewer discounts and increasing interest rates guide personal consumption growth projection to 2.6 percent. Consumer sentiment slipped by less than an index-point from last month, remaining at the same favorable levels for the past 18 months, according to the University of Michigan Surveys of […]
Consumer Sentiment in February at Second Highest Level Since 2004
Highest proportion of consumers indicated improvements in finances last month since 1998 According to the University of Michigan Survey of Consumer Sentiment, U.S. consumer sentiment remained quite favorable in February, at its second highest level since 2004. Consumers based their optimism on favorable assessments of jobs, wages, and higher after-tax pay. High consumer sentiment, coupled […]
Consumer Confidence Surges in October
Only second time University of Michigan index has been above 100 since the 1990s. Consumer sentiment surged in October, reaching its highest level since the start of 2004, according to the University of Michigan Surveys of Consumers. This was only the second time that the Sentiment Index was above 100.0 since the end of the […]
Consumer Sentiment Remains High in April
University of Michigan survey continues to see positive consumer views on the economy. Consumer sentiment in April continued to travel on the high plateau established following Donald Trump’s election, with only minor deviations from its five-month average of 97.4, according to the University of Michigan Surveys of Consumers. There is widespread agreement among consumers on their […]
Consumer Optimism Surges in January
University of Michigan Survey sees post-election surge in consumer confidence in economy and job growth. Consumers expressed a higher level of confidence in January than at any other time in the last dozen years. The post-election surge in confidence was driven by a more optimistic outlook for the economy and job growth during the year […]
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