Surveys of Consumers

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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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Consumer optimism surges in December

December 23rd, 2016

ANN ARBOR—As unexpected as Trump’s election, consumers expressed much more positive economic expectations following his victory. While the surge in confidence ended by mid-December, it nonetheless led to the highest level of the Sentiment Index since January 2004, according to…

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Consumer optimism surges after the presidential election

November 23rd, 2016

ANN ARBOR— The initial reaction of consumers to Donald J. Trump’s victory was to express greater optimism about their personal finances as well as improved prospects for the national economy, according to the University of Michigan (U-M) Surveys of Consumers.…

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Consumer outlook for 2017: U-M Surveys of Consumers

November 17th, 2016

ANN ARBOR—Will consumer confidence plunge or will it improve in the wake of Donald Trump’s election? An analysis of consumer sentiment data collected prior to the election provides mixed signals, according to economist Richard Curtin, director of the University of…

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Consumer expectations post slight decline in October

October 28th, 2016

ANN ARBOR—Consumers became a bit less optimistic about prospects for the economy in October but still maintained an optimistic outlook for their personal finances, according to the University of Michigan (U-M) Surveys of Consumers. Importantly, consumers anticipated that the inflation…

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September consumer confidence: Consumer expectations remain positive

September 30th, 2016

ANN ARBOR—Consumers became a bit more optimistic about prospects for the economy as well as their own personal finances in September, according to the University of Michigan (U-M) Surveys of Consumers. Consumer sentiment has remained at high levels throughout the…

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Consumer confidence in holding pattern in August

August 26th, 2016

ANN ARBOR—Consumers were a bit less optimistic in August than one month or one year ago, although consumer confidence remains at a reasonably high level, according to the University of Michigan (U-M) Surveys of Consumers. Less favorable personal financial prospects…

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July consumer confidence: Improved finances and low interest rates support spending

July 29th, 2016

ANN ARBOR—Consumers were a bit less optimistic in July than one month or one year ago, although consumer confidence remains at a reasonably high level, according to the University of Michigan (U-M) Surveys of Consumers. The recent decline was due…

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Consumer spending keeps economy afloat in June

June 24th, 2016

ANN ARBOR—Consumers were a bit less optimistic in June due to rising concerns about prospects for the economy, according to the University of Michigan (U-M) Surveys of Consumers. While no recession is anticipated, consumers increasingly expect a slower pace of…

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