Consumer Sentiment updates

December 2024: Consumer Sentiment
December Consumer Sentiment Analysis: A Positive Shift in Consumer Confidence...
November 2024: Consumer Sentiment
The University of Michigan’s Consumer Sentiment Index climbed to 71.8 in November 2024...
October 2024: Consumer Sentiment
October's Consumer Sentiment Index (CSI) revealed a positive trend, signaling increased...
September 2024: Consumer Sentiment
The recent release of the September Consumer Sentiment Index...
August 2024: Consumer Sentiment
Consumer Sentiment Remains Stable in August...
Consumer Sentiment Takes a Slight Dip in July 2024
The University of Michigan’s Consumer Sentiment Index (CSI) declined slightly in July 2024, falling from 68.2 in June...
June 2024 Consumer Sentiment Index Registers 68.2
The latest release of the Consumer Sentiment Index (CSI) for June 2024 has landed at 68.2. This reading marks a decrease compared to the previous month's figure of 69.1. While this indicates a slight decline in consumer confidence...
Consumer Confidence Takes a Dip: What Does it Mean for the Economy?
May's consumer sentiment index came in at 69.1, marking a decline from the previous month. While this figure is still higher than a year ago, it indicates a growing pessimism among consumers about the current and future economic conditions...
April 2024 Consumer Sentiment: A Cause for Concern?
The University of Michigan's recent release of the Consumer Sentiment Index (CSI) for April 2024 indicates a slight decline in consumer confidence compared to March 2024...
March 2024: A Mixed Bag for Consumer Confidence
US consumer confidence held mostly steady in March 2024, according to The Conference Board Consumer Confidence Index®. While the overall score stayed near February's levels...
Bumpy Road Ahead (Jan 2022 - Feb 2024): Inflation jitters and economic uncertainties caused dips in confidence. However, a glimmer of hope emerged in February 2024. Consumers expressed cautious optimism with expectations of slowing inflation and a robust job market.
Rebound Rally (2021): Consumer confidence staged a significant comeback in 2021, likely fueled by government support and economic recovery. Sentiment scores neared, but didn't quite surpass, the heights of 2020.
Pandemic Plunge (Early 2020): The COVID-19 rollercoaster took a sharp dive in early 2020, with consumer sentiment plummeting to historic lows. As the year unfolded, a gradual climb began, but optimism remained below pre-pandemic levels.
Steady as we go (2018-2019): Consumer sentiment cruised comfortably in the mid-to-high 90s, according to the University of Michigan's Consumer Sentiment Index. People felt good about the economic landscape.
If you'd like to explore specific data points, you can check out resources from the University of Michigan Surveys of Consumers or Statista's Consumer Sentiment Index for the US.

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March 2024: A Mixed Bag for Consumer Confidence

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March 2024: A Mixed Bag for Consumer Confidence  US consumer confidence held mostly steady in March 2024, according to The Conference Board Consumer Confidence Index® US Consumer Confidence Little Changed in March - The Conference Board . While the overall score stayed near February's levels, a closer look reveals some interesting trends. Holding Onto the Present There was some positive news for the current economic climate. Consumers felt a bit more upbeat about current business conditions and the job market compared to the previous month. This suggests that people are feeling secure in their current situations. Worries About the Future However, the picture clouds over when looking towards the short-term. The Expectations Index, which gauges consumer outlook on business conditions, income, and the labor market, dipped in March. This could indicate a growing concern about what's down the road. In fact, readings below 80 on this index can be a warning sign of a potential rec...
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September 2024: Consumer Sentiment

Consumer Sentiment Inches Upward: A Closer Look at the September 70.1 Reading The September Reading: A Positive Sign The recent release of the September Consumer Sentiment Index at 70.1 points to a slight improvement in consumer confidence. This figure represents a 3.2% increase from the previous month and a 3.4% year-over-year gain. Month-over-Month (MoM) and Year-over-Year (YoY) Comparisons Month-over-Month (MoM): The MoM increase of 3.2% suggests that consumers are becoming more optimistic about the near-term economic outlook. This uptick could be attributed to factors such as easing inflation concerns, a robust job market, and stable interest rates. Year-over-Year (YoY): The YoY increase of 3.4% indicates that consumers are feeling more confident about the economy compared to a year ago. This improvement could be linked to factors such as the gradual recovery from the pandemic and the easing of supply chain disruptions. Key Takeaways: Improving Consumer Confidence: The September...
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June 2024: Inflation Continues to Cool Down: June CPI Report Brings Relief

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Inflation Continues to Cool Down: June CPI Report Brings Relief The June Consumer Price Index (CPI) report has offered more positive news for consumers as inflation continues its downward trend. With prices increasing at a slower pace, there's growing optimism that the Federal Reserve might be nearing the end of its interest rate hikes. Key Takeaways from the June CPI Report Inflation Moderates Further: The headline CPI for June came in at 313.049, indicating a continued slowdown in price increases compared to previous months. Core Inflation Eases: Core inflation, which excludes volatile food and energy prices, also showed signs of cooling. This suggests that price pressures are broadening easing across the economy. Gasoline Prices Decline: Falling gas prices have provided significant relief for consumers, contributing to the overall decrease in inflation. Food Prices Stabilize: While food prices remain elevated, the rate of...
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