Surveys of Consumers

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Consumers more certain about positive prospects

November 22nd, 2017

ANN ARBOR—Consumer sentiment was slightly below last month’s decade high, but has remained in the narrow positive range it has traveled since the start of the year, according to the University of Michigan Surveys of Consumers. What has recently changed…

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Surge in consumer confidence

October 27th, 2017

ANN ARBOR—Consumer sentiment surged in October, reaching its highest level since the start of 2004, according to the University of Michigan Surveys of Consumers. This was only the second time that the Sentiment Index was above 100.0 since the end…

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Consumers demonstrate resilience

September 29th, 2017

ANN ARBOR—Consumer sentiment slipped in September due to the expected impact of the hurricanes on the economy and on gas prices. Importantly, the impact was quite small and has already begun to fade, according to the University of Michigan Surveys of…

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U-M Surveys of Consumers: Improved personal finances

September 1st, 2017

ANN ARBOR—Consumer sentiment has remained largely unchanged at very favorable levels since the start of 2017, according to the University of Michigan Surveys of Consumers. The Sentiment Index has been higher during the first eight months of 2017 than in…

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Consumer sentiment lower but still favorable

July 28th, 2017

ANN ARBOR—Consumer sentiment continued to slowly fall in the July survey, although the overall level still remains quite favorable, according to the University of Michigan Surveys of Consumers. The small decline amounted to 5.1 Index-points below the January peak, which…

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May sentiment remains high amid partisanship

May 26th, 2017

ANN ARBOR—Consumer sentiment has continued to move along the high plateau established following Donald Trump’s election. The May 2017 figure was virtually unchanged from the April reading, and nearly identical with the December to May average of 97.3, according to…

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Consumer sentiment remains on high plateau in April

April 28th, 2017

ANN ARBOR—Consumer sentiment in April continued to travel on the high plateau established following Donald Trump’s election, with only minor deviations from its five-month average of 97.4, according to the University of Michigan (U-M) Surveys of Consumers. There is widespread…

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Partisanship Rules Consumer Sentiment in March

March 31st, 2017

ANN ARBOR—The continued strength in consumer sentiment has been due to optimistic views on three critical components: higher incomes and wealth, more favorable job prospects, and low inflation expectations. All of these factors, however, have been influenced by partisanship, according…

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Partisanship dominates consumer optimism in February

February 24th, 2017

ANN ARBOR—Although consumer confidence edged downward in February, the overall average in the past three months was the highest in more than a decade, according to the University of Michigan (U-M) Surveys of Consumers. Normally, the implication would be that…

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Consumer optimism surges in January amid partisanship

January 27th, 2017

ANN ARBOR—Consumers expressed a higher level of confidence in January than at any other time in the last dozen years. The post-election surge in confidence was driven by a more optimistic outlook for the economy and job growth during the…

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