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You are here: Home / Archives for Consumer Sentiment

Consumer Sentiment Down for Third Month in a Row in June

July 3, 2024 By CollisionWeek Editor

Concerns over inflation softens, but high prices and weakening income weigh on results. Consumer sentiment in June inched down from May but remains up versus last year according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 68.2 in the June 2024 survey, down 1.3% from 69.1 in May but […]

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

Consumer Sentiment Up Slightly in March

March 28, 2024 By CollisionWeek Editor

Slowing inflation giving consumers greater confidence in their finances. Consumer sentiment was up slight in March, but remained essentially unchanged since January 2024, solidifying the large gains from December and January, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 79.4 in the March survey, up 3.3% from 76.9 […]

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

Top Three Private Passenger Auto Insurers Are Also Top Three Most Trusted P&C Insurance Carriers

March 14, 2024 By CollisionWeek Editor

Insurity’s P&C Consumer Pulse survey gauges consumer sentiment toward major P&C insurance carriers. Insurity, the provider of cloud software for insurance carriers, brokers, and MGAs, announced findings from its latest P&C Consumer Pulse survey, which offers insights into consumer attitudes toward major P&C insurance carriers. The survey identifies the top three P&C insurance companies deemed […]

Filed Under: News Tagged With: Consumer Sentiment, GEICO, Progressive, Property Casualty Insurance, State Farm

Consumer Sentiment Up 13% in January

February 2, 2024 By CollisionWeek Editor

University of Michigan index climbs on improved outlook on inflation and incomes amid split views on business outlook. Consumer sentiment soared 13% in January to reach its highest level since July 2021, continuing the sharp increase seen in December, primarily on the basis of an improving outlook over inflation and personal incomes, according to the […]

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

Consumer Sentiment Jumps in December on Improved Inflation Expectations

January 3, 2024 By CollisionWeek Editor

Index near midpoint between pre-pandemic levels and historic lows last year. Consumer sentiment soared 14% in December, reversing four consecutive months of declines and reaching its highest reading since July, according to the University of Michigan Surveys of Consumers. These trends are rooted in sharp improvements in how consumers view the trajectory of inflation, said […]

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

Consumer Sentiment Declined in October

October 27, 2023 By CollisionWeek Editor

The final October results indicate consumers continued to have inflation frustration. Consumer sentiment fell back about 6% this October after inching down slightly for two consecutive months, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 63.8 in the October 2023 survey, down from 67.9 in September and above […]

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

Consumer Sentiment Improves in February But Remains at Low Levels

February 24, 2023 By CollisionWeek Editor

Positive business outlook outweighs unemployment concerns. Consumer sentiment lifted for the third straight month in February, rising a modest 3% above January, supported by a 12% improvement in consumers’ outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers. However, sentiment remains well below its historical average; in […]

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

Preliminary Consumer Sentiment Declines in November

November 14, 2022 By CollisionWeek Editor

University of Michigan Survey declines after bouncing back from historic lows earlier this year. Consumer sentiment fell about 9% below October, according to the University of Michigan Surveys of Consumers. The preliminary results, released Friday, November 11, erasing about half of the gains that had been recorded since the historic low in June. The Index […]

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

Consumer Sentiment Declined in March on Inflation Concerns

March 28, 2022 By CollisionWeek Editor

Consumers worried about inflation impact on real income. Strong employment views believed will support continued consumer spending. Consumer sentiment declined in March due to falling inflation-adjusted incomes, which was recently accelerated by rising fuel prices, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 59.4 in the March 2022 […]

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

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