Consumer Sentiment Remains Near Prior Lows

January 14th, 2011
in News, econ_news

Econintersect:  The University of Michigan Consumer Sentiment Index preliminary report for January came in at 72.7, a disappointing decline from the 74.5 of the final report for November. According to, the consensus expectation was for an increase to 75.5.

Follow up:

Other recent reports from the Conference Board and the National Federation of Small Business have also shown sentiment and confidence numbers at or near the levels seen at the bottom of previous recessions. 

 Sources:  Retail, NFIB news release and Doug Short (of writing at Global Economic Intersection.

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