Key Insights
- Michigan Consumer Sentiment declined from 69.5 in August to 68.1 in September.
- Current Economic Conditions decreased from 75.7 to 71.4.
- Index of Consumer Expectations increased from 65.5 to 66.0.
On September 29, the University of Michigan released the final reading of Michigan Consumer Sentiment report for September. The report indicated that Michigan Consumer Sentiment declined from 69.5 in August to 68.1 in September, compared to analyst consensus of 67.7.
Current Economic Conditions declined from 75.7 in August to 71.4 in September, while Index of Consumer Expectations increased from 65.5 to 66.0.
The University of Michigan commented: “Consumers are understandably unsure about the trajectory of the economy given multiple sources…
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