Consumer Sentiment in September remains near August’s historic low. Consumer sentiment was essentially unchanged in September, just 0.4 index points above August, according to the University of Michigan Surveys of Consumers. Consumer sentiment is viewed as a leading indicator of economic activity and sharp declines have often preceded or happened during the early point of […]

Consumers’ views on their personal financial situation improved during the month. Consumer sentiment rose by 13% in August, lifting off of the all-time low reading for the survey reached in June but remaining 17% below a year ago, according to the University of Michigan Surveys of Consumers.  Consumer sentiment is viewed as a leading indicator of […]

Consumers adjust to inflation as labor market expectations worsen. Consumer sentiment was essentially unchanged from June, when it had reached an all-time low for the survey, according to the University of Michigan Surveys of Consumers. Most components of the index were little changed, though buying conditions for durables adjusted upwards, primarily due to perceptions of […]

Index slightly up from June. Consumers may bring forward durable goods purchases to avoid price increases. Consumer sentiment was relatively unchanged in early July, remaining near all-time lows according to the preliminary University of Michigan Surveys of Consumers report released this morning. The Index of Consumer Sentiment stood at 51.1 for July, up 2.2% from […]

Pessimism on inflation overshadows optimism on personal finances. After voicing more positive views in April, consumer sentiment fell 10.4% in May, reverting to levels comparable to two months ago, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 58.4 in the May 2022 survey, down from 65.2 in April […]