Surveys of Consumers

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Consumer sentiment strong thanks to middle- and lower-income households; shopping for discounts dominates purchase plans

November 25th, 2015

ANN ARBOR—The continued strength in consumer sentiment during the past two months has been due to gains among middle- and lower-income households, while confidence retreated among households with incomes in the upper third of the distribution, according to the University…

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Consumer outlook for 2016 is favorable: U-M Surveys of Consumers

November 23rd, 2015

ANN ARBOR—Consumer spending will advance by nearly 3 percent during 2016, according to economist Richard Curtin, director of the University of Michigan Surveys of Consumers. Curtin presented his annual forecast of consumer spending on November 19 at the annual U-M…

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Confidence rises in October on renewed personal financial optimism

October 30th, 2015

ANN ARBOR—Consumer confidence rose in October with the entire rebound due to gains in confidence among lower income households. Confidence among households with incomes in the top third of the income distribution retreated a bit due to concerns about volatile…

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