Search ResultsShowing 1 - 10 of 94 results for "Michigan"
Chief economist update: It's Christmas time in the city
BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... North Korea could be preparing resumption of nuclear testing. "...but the fire is so delightful." The University of Michigan consumer sentiment index's preliminary estimate rose to a reading of 99.2 in December from 96.8 in November. This is better ...
Chief economist update: US consumer power
BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... but lower than the 39.2% a week before. The answer could be in the US consumer. They are optimistic. The University of Michigan's consumer sentiment index rose to 96.8 in November - its highest reading in four months - from 95.5 in the previous month. ...
Chief economist update: Glass half-full or US recession on the way?
BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... the lowest rate of joblessness in nearly five decades (December 1969) - stoking consumer confidence. The University of Michigan's consumer sentiment index rose to a 15-year high in May which, in turn, encourages greater consumption. Meanwhile, personal ...
Chief economist update: Where sentiment goes, there too is spending
BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...
Chief economist update: US consumer sentiment cops bullet
BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... plumbing fixed. The trigger for this trip down memory lane was headlines talking about the big drop in the University of Michigan's consumer sentiment index for January. I could paraphrase UM's report, but its chief economist - Richard Curtin ...
Chief economist update: Shopaholics drive US growth
BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... generating a virtuous cycle of optimism, even greater spending, jobs and growth. Speaking of optimism, the University of Michigan consumer sentiment index remains at its strongest level since the year 2000 despite its recent slip from 99 in September ...
Chief economist update: US inflation hits target
BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... 0.6 percentage points from 2.8 pps in the December 2017 quarter. And if the latest indications from the University of Michigan consumer sentiment survey is any guide, it shall be so...i.e. weak. Consumer sentiment fell to 98.2 in June inched up from ...
AMP Capital enters US telco market
JAMIE WILLIAMSON  |  TUESDAY, 13 MAR 2018
... use the investment from AMP Capital to fund organic network growth and further acquisitions; it already owns two major Michigan-based fiber network operators. The acquisition is subject to regulatory approvals but it expected to finalise in the second ...
Chief economist update: Inflation isn't such a lonely word
BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... monetary policy settings is exactly to ensure that rising inflation doesn't get out of hand. The latest University of Michigan consumer confidence survey attests to this with the readings on inflation expectations unchanged at 2.7% (one-year ahead) and ...
C is the key
BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
... consumer is king and given latest stats they're feeling like one too. While the preliminary estimate of the University of Michigan consumer confidence index slowed to a reading of 97.8 in November, this was from the 13-year high print of 100.7 in October's ...
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