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Showing 1 - 10 of 32 results for "Michigan consumer sentiment index"

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... big falls in consumer sentiment? Well, as it turns out the worm has turned. The University of Michigan consumer sentiment index bounced back 4.7 points to a reading of 95.5 in February - partially offsetting the 7.1-point dive recorded in January. The ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... 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 to a reading of 98.6 in October. ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... balance disappointed market expectations - helped bring long yields lower. While the University of Michigan consumer sentiment index rose to its best level since January this year 97.7 in May from 97.0 in the previous month and beat market expectations ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... This suggests increasing consumer optimism - one confirmed by the rise in the University of Michigan consumer sentiment index to a 13-year high of 98.5 in January. Inflation remains contained. The headline PCE price index increased by 1.6% in the year ...

Every American's turning optimist

BENJAMIN ONG  |  THURSDAY, 12 JAN 2017
... IBD/TIPP economic optimism survey came on the heels of similar indications from the University of Michigan consumer sentiment index (up to 98.4 in December - the highest since November 2004 - from 93.8 in November) and the NFIB small business optimism ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... created by the rallying stockmarket are making US consumers feel oh so good. The University of Michigan consumer sentiment index jumped to 98.0 in December - 0.1 shy of the current cycle high of 98.1 recorded in January 2015 - from 93.80 in the previous ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 NOV 2016
... down 4.0% in year-on-year terms. US consumer sentiment The final reading of the University of Michigan consumer sentiment index increased to 93.8 in November. This compares with the preliminary reading and consensus expectations, both at 91.6 and October's ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... building approvals increased by 0.7% US consumer confidence The strong gain in the University of Michigan consumer sentiment index in May - up to 94.7 from 89 in April - has prompted expectations that the Conference Board measure of consumer mood would ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 17 MAY 2016
... (ex-gas and autos) quickened to 0.6% in April from 0.2% in the previous month. The University of Michigan consumer sentiment index rose by nearly 7 points to a reading of 95.8 in May - an 11th month high -- from April's 89.0 and expectations for a rise ...
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