Key Insights
- Consumer Sentiment increased from 61.3 in November to 69.7 in December.
- Current Economic Conditions improved from 68.3 to 73.3.
- Index of Consumer Expectations rose from 56.8 to 67.4.
On December 22, the University of Michigan released the final reading of Michigan Consumer Sentiment report for December. The report indicated that Consumer Sentiment improved from 61.3 in November to 69.7 in December, compared to analyst consensus of 69.4.
Current Economic Conditions increased from 68.3 in November to 73.3 in December, while Index of Consumer Expectations rose from 56.8 to 67.4.
The Universtity of Michigan commented: “Consumer sentiment confirmed its mid-month reading and soared 14% in December, reversing all declines from the previous…
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