July 27, 2023
The University of Michigan’s US Consumer Sentiment gauge jumped +12.7% in July to 72.6. This is up +41.0% from a year ago, but remains well below pre-Covid levels. The Conference Board’s US Consumer Confidence index rose +6.9 points in July to 117.0, its highest level since July 2021, though it remains below pre-Covid levels. In […]
May 30, 2023
The University of Michigan’s US Consumer Sentiment gauge fell -6.8% in May to 59.2, though this is up +1.4% from a year ago. Sentiment remains well below pre-Covid levels. The Conference Board’s US Consumer Confidence index fell -1.4 points in May to 102.3, and remains noticeably below pre-Covid levels. “Consumer confidence declined in May as […]
April 30, 2023
The University of Michigan’s US Consumer Sentiment gauge rose +2.4% in April to 63.5, though that is still down -2.6% from a year ago, and well below pre-Covid levels. The Conference Board’s US Consumer Confidence index fell -2.7 points in April to 101.3, “below the level which often signals a recession looming in the short-term,” […]
February 6, 2023
The University of Michigan’s US Consumer Sentiment gauge rebounded +8.7% in December to 64.9, though that is still down -3.4% from a year ago. The Conference Board’s US Consumer Confidence index fell -1.9 points in January to 107.0, and remains noticeably below pre-Covid levels. In January, 20.2% of consumers surveyed by the Conference Board said […]
January 18, 2023
The University of Michigan’s US Consumer Sentiment gauge rebounded +8.2% in December to 64.6, though that is still down -3.9% from a year ago. The Conference Board’s US Consumer Confidence index bounced back +6.9 points in December to 108.3, but remains tepid relative to pre-Covid levels. In December, 19.0% of consumers surveyed by the Conference […]
December 13, 2022
The University of Michigan’s U.S. Consumer Sentiment Index rose +2.3 points in December to 59.1. However, it is still down -16.3% from a year ago. Previously, the Conference Board’s U.S. Consumer Confidence Index declined -2.0 points in November to 100.2. In November, 18.2% of consumers surveyed by the Conference Board said business conditions were “good,” […]