University of Michigan Sentiment Bounces BackFebruary 15, 2013 @ 10:05 AM EST
Economic Update: University of Michigan’s Consumer Sentiment Index
The preliminary February reading for the University of Michigan’s Consumer Sentiment Index was reported at 76.3, which was above the consensus reading of 74.3 and last month’s final reading of 73.8.
Note that there are two reports for the Confidence Index each month: Preliminary and Final.
Prior readings for comparison purposes:
January 2013: 73.8
- December: 72.9
- November: 82.7
- October: 82.6
- September: 78.3
- August: 74.3
- July: 72.3
- June: 73.2
- May: 79.3
- April: 76.4
- March: 76.2
- February: 75.3
January 2012: 75.0
- December: 69.9
- November: 64.1
- October: 60.9
The Current Conditions component was reported at 88.0, which was above last month’s 85.0.
Finally, the twelve month Economic Outlook came in at 68.7, also above last month’s 66.6.
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