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The consumer confidence measures were devised in the late 1940s by Professor George Katona at the University of Michigan. They have now developed into an ongoing, nationally representative survey based on telephonic household interviews. The Index of Consumer Sentiment (ICS) is developed from these interviews.
The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 64.7 from January's revised final reading of 71.7. Meanwhile households saw inflation over ...
The survey’s sentiment index also declined in February for the second consecutive month, down 5% from January to its lowest reading since July 2024. ... consumer sentiment tumbled ...
The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 67.8 from January's final reading of 71.1, which was also the consensus expectation among ...
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 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.
Americans’ outlook on the economy soured a bit this month after two months of small gains, according to the University of Michigan's consumer sentiment index, released Friday. The index slipped ...
The survey's expectations index climbed nearly 6% to 78.5, the highest since July 2021. "Expectations over personal finances climbed 6% in part due to strengthening income prospects, and short-run ...