US Consumer Sentiment Revised Sharply Up

The University of Michigan's final reading on the overall index of consumer sentiment came in at 87.2 in September, better than a preliminary reading of 85.7, but down from a final 91.9 in September. Still, It is the lowest figure in eleven months.

The barometer of current economic conditions declined to 101.2,  less than preliminary  reading of 100.3 but still lower than 105.1 in August.

The barometer of consumer expectations declined to 78.2,  less than preliminary reading of  76.4 but still lower 83.4 in the previous month.

Americans expect the inflation rate in the next year to be 2.8 percent, down from 2.9 percent in the preliminary but unchanged from the previous month. Over the next 5 to 10 years, they expect consumer prices to rise 2.7 percent, compared with a preliminary reading of 2.8 percent and a final figure of 2.7 percent in August.

US Consumer Sentiment Revised Sharply Up

University of Michigan | Joana Taborda |
9/26/2015 5:12:32 PM