Items Tagged with 'University of Michigan'


  • Consumer sentiment hits highest level since 2004

    But fears of proposed trade tariffs remain
    Consumers are still on edge about proposed trade tariffs, however, despite this fear, consumer sentiment in March rose to its highest level since 2004. The University of Michigan survey showed that households with incomes in the bottom third saw a surge in confidence, while those in the top third saw confidence decrease slightly.
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  • Consumer optimism dips before the holidays

    Democrats grow worried about effects of tax reform
    Consumers grew slightly less optimistic headed into the holidays, however optimism still remains at historical highs. The largest decline in long-term economic prospects was recorded among Democrats, which reflected their concerns about the impact of the proposed changes in taxes.
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  • American optimism could indicate beginning of the end for economic expansion

    Optimism surges to highest level since 2004
    Consumer optimism surged to its highest point since 2004, up more than 15% from last year. However, this tidal wave of optimism could bring impending doom in its wake. Survey of Consumers Chief Economist Richard Curtin explained American’s views toward the economy could signify the beginning of the end for economic expansion.
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  • Americans remain economically confident despite recent hurricane damage

    Consumer confidence sees small declines in September
    While consumer confidence showed a slight drop from August to September, the latest Survey of Consumers shows their concern over the recent hurricanes in quickly fading. In fact, for the past year, although several issues arose that could have derailed the overall confidence level, Americans remain economically hopeful.
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  • Hurricanes pull consumer confidence down in early September

    Negative reaction could last longer than past hurricanes
    After seeing the devastation brought by Hurricane Harvey and Hurricane Irma, Americans became less confident in the future of the U.S. economy. And the University of Michigan shows this decrease in confidence could last longer than that seen after previous hurricanes. However, given the current resilience of consumers, recent events are unlikely to derail confidence.
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  • Consumer confidence rises to highest level since January

    Americans more excited about personal finances
    Americans’ expectations in their future soared at the beginning of August, bringing the University of Michigan’s measure of consumer confidence to its highest point since January. However, the survey did not include results from after the incident in Charlottesville, Virginia, which could bring confidence down once more by the end of the month.
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  • Americans express most confidence since 2005 in current economic conditions

    Overall sentiment drops
    The index of consumer sentiment dropped at the beginning of July as the decrease in future expectations outweighed the increase in each American's views of their current situation. Consumers are now more optimistic about their current situation than at any point since 2005, but the gap widened between that, and where they see the future of the economy.
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  • American optimism of future economy drops in June

    Slightly more optimistic about current conditions
    Americans continue to see improvement in their current financial conditions, however, they are less optimistic about the future of the economy. While the Index of Consumer Sentiment came back from its seven-month low in early June, it still decreased from the previous month.
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