The numbers: The initial reading of consumer sentiment jumped to 83 in early March, according to an index produced by the University of Michigan. That is the highest level in a year. Economists polled by the Wall Street Journal had forecast the index would rise to 78.9. What happened: The …
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The numbers: Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points …
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The numbers: The second and final reading of the consumer sentiment index from the University of Michigan fell to 80.7 in December from an initial 81.4 earlier in the month. The index remained higher than the 76.9 reading in November. Economists polled by MarketWatch had forecast the index would slip …
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Americans grew more optimistic toward the end of September as consumer sentiment reached a six-month high, reflecting more confidence in the U..S. economy after a summer lull. The final consumer sentiment survey in September climbed to 80.4 from a preliminary reading of 78.9, the University of Michigan said Friday. It …
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Americans didn’t feel any better about the economy or their own financial situation in August than they did in the previous month, reflecting broad worries about the still-spreading coronavirus and the likelihood of a slow recovery, a new survey showed. The preliminary reading of the consumer sentiment survey in August …
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