The Consumer Sentiment Indicator is a measure of how consumers feel about the current state of the economy, and their expectations for the future. It is usually based on surveys of a representative sample of households, asking questions about their perceptions of the economy, personal finances, job prospects, and willingness to spend money.
The Consumer Sentiment Indicator is considered an important indicator of the overall health of the economy, as consumer spending makes up a significant portion of economic activity. High levels of consumer sentiment can indicate that consumers are more likely to spend money, while low levels of consumer sentiment may signal that consumers are more likely to save their money or cut back on spending.
The Consumer Sentiment Indicator is closely watched by economists, policymakers, and investors, as it can provide insights into the direction of the economy and financial markets. It is often used in conjunction with other economic indicators, such as GDP, unemployment rates, and retail sales, to get a more complete picture of the overall state of the economy. The Consumer Sentiment Indicator is provided by
The index is provided by University of Michigan. More details are provided here.
Here are the latest results.
Date | Index |
Apr-23 | 63.5 |
Mar-23 | 62 |
Feb-23 | 67 |
Jan-23 | 64.9 |
Dec-22 | 59.7 |
Nov-22 | 56.8 |
Oct-22 | 59.9 |
Sep-22 | 58.6 |
Aug-22 | 58.2 |
Jul-22 | 51.5 |
Jun-22 | 50 |
May-22 | 58.4 |
Apr-22 | 65.2 |
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