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. […]

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 […]

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 […]

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 […]

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 […]