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Consumer Sentiment Up in November

November 25, 2024 By CollisionWeek Editor

Sentiment was up for the fourth consecutive month. Consumer sentiment inched up 1.3 index points in November compared to the previous month according to the University of Michigan’s Survey of Consumers. In November, sentiment extended a stretch of consecutive incremental increases to a fourth month. The Consumer Sentiment Index rose to 71.8 in the November […]

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

Consumer Sentiment Up in October

November 1, 2024 By CollisionWeek Editor

After declining in early 2024, consumer sentiment was up versus both the previous month and year as labor market and inflation expectations have improved. Consumer sentiment lifted for the third consecutive month, inching up to its highest reading since April 2024, according to the University of Michigan’s Survey of Consumers. The Consumer Sentiment Index rose […]

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

Consumer Sentiment Up Slightly in Mid-August

August 23, 2024 By CollisionWeek Editor

Preliminary results show the sentiment index up month over month but remains below year ago levels. Consumer sentiment was up slightly in mid-August compared to July according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index inched up to 67.8 in mid-August, up 2.1% compared to 66.4 in the July 2024 survey […]

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

Consumer Sentiment Down for Fourth Month in Row in July

July 26, 2024 By CollisionWeek Editor

While down, sentiment is 33% above the historic low in June 2022. Consumer sentiment was down slightly for the fourth month in row in July according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 66.4 in the July 2024 survey, down 2.6% from 68.2 in June and 7.1% below […]

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

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 Falls on Concerns Labor Markets May Weaken

May 30, 2024 By CollisionWeek Editor

Sentiment fell back about 10% in May, a departure from three consecutive months of very little change in consumer views, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 69.1 in the May 2024 survey, down 10.5% from 77.2 in April but 17.1% above last May’s 59.0. Although consumers’ […]

Filed Under: News Tagged With: 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

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 Early January

January 23, 2024 By CollisionWeek Editor

University of Michigan index preliminary January results up over 13% versus December and more than 20% versus last year. Consumer sentiment soared 13% in January to reach its highest level since July 2021, showing that the sharp increase in December was no fluke. According to University of Michigan Surveys of Consumers Director Joanne Hsu, consumer […]

Filed Under: News Tagged With: 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

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