Michigan Consumer Sentiment Index is Up Fractionally

Consumer and small business sentiment remains at or near levels associated with the bottoms of other recent recessions. For consumers and small businesses this really is The Great Recession.

Consumer Confidence Index: The Best Level Since May 2010

Conference Board Consumer Confidence Index was released this morning based on data collected through January 18. The 60.6 reading was significantly above the consensus estimate of 53.5, according to Briefing.com. Bloomberg had expected a rise to 54 based on a survey range from 50 to 57.3.