Economic Update: University of Michigan’s Consumer Sentiment Index
The preliminary reading for the August University of Michigan’s Consumer Sentiment Index was reported at 73.6, which was above the consensus for 71.9
Note that there are two reports for the Confidence Index each month: Preliminary and Final.
Last 12 months for comparison purposes:
The Current Conditions component was reported at 87.6, which was above the July reading of 82.7 (June: 81.5, May: 87.2).
Finally, the twelve month Economic Outlook came in at 64.5, below the July reading of 65.6 (June: 67.8).
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Other stories on the US Economy to review:
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