Preliminary Consumer Sentiment Reading Falls Short Of May Expectations University Of Michigan

Calculated Risk Preliminary December Consumer Sentiment Increases To 93 8 The preliminary number worse than estimated and showing a pretty sharp decline from april, down 9% to an index reading of 57.7%. current conditions going down to 64.5%. expectations at 53.4%. and. Sentiment fell back about 10% in may, a departure from three consecutive months of very little change in consumer views, according to the university of michigan surveys of consumers. although consumers’ views about their personal finances were little changed this month, their outlook for short run business conditions declined notably in may.

Graphic The university of michigan consumer sentiment index eased from 77.9 in april to 66.5 in may, missing expectations of 76, according to preliminary data. it marks the lowest level in consumer. The university of michigan's consumer sentiment index fell nearly 10 points in may to 67.4, its lowest reading since november and the steepest fall in the survey in nearly three years. economists. The current reading remains above the 2.3 3.0% range seen in the two years prior to the pandemic. long run inflation expectations came in at 3.0% for the third consecutive month, staying within the narrow 2.9 3.1% range for 24 of the last 25 months. these expectations are elevated relative to the 2.2 2.6% range seen in the two years pre pandemic. May 10, 2024 7:54am. by greg robb. university of michigan index falls to 67.4, the lowest reading in six months. the numbers: the university of michigan's gauge of consumer sentiment fell to 67.4.

Preliminary Consumer Sentiment Reading Indicates Continued Strength In The current reading remains above the 2.3 3.0% range seen in the two years prior to the pandemic. long run inflation expectations came in at 3.0% for the third consecutive month, staying within the narrow 2.9 3.1% range for 24 of the last 25 months. these expectations are elevated relative to the 2.2 2.6% range seen in the two years pre pandemic. May 10, 2024 7:54am. by greg robb. university of michigan index falls to 67.4, the lowest reading in six months. the numbers: the university of michigan's gauge of consumer sentiment fell to 67.4. This post was written by luke carberry mogan. the university of michigan's consumer sentiment index fell below preliminary estimates for may, sharing a print of 67.4 against expectations for 76.2. The university of michigan's preliminary reading on the overall index of consumer sentiment came in at 67.4 this month, the lowest level since last november, compared to a final reading of 77.2 in.

Consumer Sentiment Preliminary October Reading This post was written by luke carberry mogan. the university of michigan's consumer sentiment index fell below preliminary estimates for may, sharing a print of 67.4 against expectations for 76.2. The university of michigan's preliminary reading on the overall index of consumer sentiment came in at 67.4 this month, the lowest level since last november, compared to a final reading of 77.2 in.