UMich Sentiment Soars As Economic Optimism Hits 14 Year High

Led by a jump in both current conditions and consumer expectations, University of Michigan’s Sentiment Survey jumped from 96.2 to 100.8, handily beating expectations of a 96.6 print, and the second highest level since 2004-only behind the March 2018 reading of 101.4. A snapshot of…

UMich Sentiment Slumps To 11-Month Lows As ‘Spending Plans’ Plunge

Led by a collapse in Americans’ views of the current situation, University of Michigan’s Sentiment Survey dropped to 11-month lows, dramatically missing expectations for a rise. Sentiment index decreased to 95.3 (est. 98) from prior month’s 97.9; lowest since Sept., below all analyst estimates Current conditions gauge,…

UMich Sentiment Soars To Record High As Poorest Americans Rejoice

Americans’ sentiment in current conditions has never been higher, according to University of Michigan’s latest survey. On the heels of small business exuberance, the headline UMich print jumped to its highest since 2004. While ‘hope’ faded modestly (from 90.0 to 88.6), current conditions exploded from…