Skip to: Content
Skip to: Site Navigation
Skip to: Search


Paper Economy

Consumer confidence improves

The University of Michigan's  Index of Consumer Expectations rose to 68.4, and the Current Economic Conditions Index climbed to 82.6.

By Guest blogger / January 14, 2012

This chart shows the annual change in the University of Michigan's "consumer sentiment" index since 2000. So far, consumer confidence has improved in January 2012.

SoldAtTheTop

Enlarge

Yesterday's early release of the Reuters/University of Michigan Survey of Consumers for January indicated improvement in consumer sentiment with a reading of 74.0 and falling just 0.27% below the level seen last year while one year inflation expectations rose slightly to 3.2%.

Skip to next paragraph

Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

Recent posts

Related stories

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 68.4, and the Current Economic Conditions Index climbed to 82.6.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining near levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.

Related stories

  • Weekly review of global news and ideas
  • Balanced, insightful and trustworthy
  • Subscribe in print or digital

Special Offer

 

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Danny Bent poses at the starting line of the Boston Marathon in Hopkinton, Mass.

After the Boston Marathon bombings, Danny Bent took on a cross-country challenge

The athlete-adventurer co-founded a relay run called One Run for Boston that started in Los Angeles and ended at the marathon finish line to raise funds for victims.

 
 
Become a fan! Follow us! Google+ YouTube See our feeds!