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The University of Michigan Consumer Sentiment Index (MCSI) is a consumer confidence index published monthly by the University of Michigan. It uses an ongoing, nationally representative survey based on telephonic household interviews to gather information on consumer expectations regarding the overall economy.
The institute produces regular reports which track consumer sentiment and economic activity (both reports get widespread media comment in Australia), and annual rankings of the standing of Australian Universities and of individual disciplines. The institute and The Australian newspaper present the Economic and Social Outlook Conference. [3]
The Consumer Confidence Average Index (CCAI) is a monthly indicator that aggregates data from the above three major national polls on consumer confidence. It represents the rescaled average of the Conference Board Consumer Confidence Index, the University of Michigan Consumer Sentiment Index, and the Bloomberg Consumer Comfort Index.
The sub-index for consumer expectations declined from 76.9 to 71.6 points, falling to a 4-month low. The sub-index for current conditions soared from 63.9 to 77.7, the highest since April.
In fact, the Consumer Sentiment Index of the High Point Poll is at its highest mark since President Donald Trump was in office in 2019. The calculation is 78.1, up from 73.8 in November, 70.2 in ...
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Consumer confidence hit a 10-year low in November as inflation climbed to the highest levels since the early 1990s, according to a closely watched gauge.
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 ...