CollisionWeek

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

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for 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

Consumer Sentiment Up for Second Month in a Row

January 30, 2023 By CollisionWeek Editor

University of Michigan reports growing borrowing costs offset easing inflation as consumer concerns. Consumer sentiment lifted for the second straight month in January, rising 9% above December but remaining about 3% below a year ago, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 64.9 in the January 2023 […]

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

Easing Inflation Pressures Lifted Consumer Sentiment in December

January 6, 2023 By CollisionWeek Editor

While up, sentiment remains at levels near the lows of the early 1980s. Consumer sentiment rose 5% in December, recovering the declines from November, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 59.7 in the December 2022 survey, up from 56.8 in November and below last December’s 70.6. […]

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

Consumer Sentiment Down in November

November 28, 2022 By CollisionWeek Editor

The University of Michigan survey was down both on a monthly and annual basis but was better than preliminary results. Consumer sentiment declined 5% below October, eroding about one-third of the overall gain seen since the historic low in June, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to […]

Filed Under: News Tagged With: Consumer Sentiment Index, 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

Preliminary October Consumer Sentiment Up Just 1.2 Points

October 17, 2022 By CollisionWeek Editor

Continued uncertainty on inflation and the economy weighs on consumers. Consumer sentiment in early October is essentially unchanged at 1.2 index points above September, according to the University of Michigan Surveys of Consumers. The preliminary result was in spite of a 23% improvement in current buying conditions for durables owing to an easing in supply […]

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

Uncertainty Continues to Cloud Consumers’ Outlook on the Economy

September 30, 2022 By CollisionWeek Editor

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 […]

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

Consumer Sentiment Slightly Up Off of Historic Lows

September 16, 2022 By CollisionWeek Editor

Preliminary results for September show consumers remain pessimistic. The University of Michigan Consumer Sentiment Index was up slightly in preliminary September data released this morning. According to Surveys of Consumers Director Joanne Hsu, consumer sentiment was essentially unchanged in September, up just 1.3 index points or 2.2% above August. The Index is 18.3% below the […]

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

Slowdown in Inflation Supports Rise in Consumer Sentiment in August

August 29, 2022 By CollisionWeek Editor

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 […]

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

Preliminary Consumer Sentiment Results for August 2022 Show Slight Improvement Over July

August 15, 2022 By CollisionWeek Editor

Consumer views continue to rebound off the all-time low in June.   The University of Michigan Index of Consumer Sentiment rose in early August as low and middle-income consumers’ views on inflation improved. The Index of Consumer Sentiment was 55.1 in the mid-August preliminary report released August 12. This is up 7.0% compared to 51/5 […]

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

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • …
  • 8
  • Next Page »

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 Claims and Losses Continued Down Trend in First Quarter Compared to Last Year August 1, 2025
  • Ford Releases Summer 2025 On Target Magazine August 1, 2025
  • Illinois Secretary of State Launches Auto Insurance Rate Reform Campaign August 1, 2025
  • SEMA Show to Offer Free Training Sessions in Eight Education Tracks August 1, 2025
  • CAPA Adds Three Board Members, Names Interim Leadership July 31, 2025
  • Axalta Reports $1.3 Billion in Second Quarter Sales July 31, 2025
  • Fix Auto USA Adds Collision Repair Center to Network in Temecula Valley July 31, 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