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Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. If the consumer has confidence in the immediate and near future economy and his/her personal finance, then the consumer will spend more than save.
Consumer confidence and sentiment surveys measure how people are doing financially, how they look at the overall economy of the country or business conditions in the country, if they think that the government is doing a good or a poor job and if people think that it is a good or a bad time to buy a car or to buy or sell a house.
Consumer Sentiment Index 1952 - 2022. The University of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. The index is normalized to have a value of 100 in the first quarter of 1966. [1] Each month at least 500 telephone interviews are conducted of a contiguous United States sample ...
Consumer sentiment is an important reading for economists and policy makers in terms of estimating the strength of the economy. When inflation rises, it tends to hurt consumer sentiment, which is ...
The University of Michigan’s closely watched Consumer Sentiment Index surged to a seven-month high in December, reflecting improved current economic conditions while also signaling growing ...
The University of Michigan's consumer sentiment index ticked up to 69 in its preliminary reading, its highest level since May and up from 67.9 in August. The gain was driven by consumers ...
The University of Michigan's benchmark Consumer Sentiment Index rose to a final reading for the month of 79.4, the highest since July 2021, from February's 76.9. Consumer assessments of both ...
Women’s consumer sentiment was 12.5% lower than men’s in the 1980s. By the 2000s, that gap was 10.2%. Over the last two years, it stands at 5.7%. But the truth of the matter is that the ...