Key Insights
- Index of Consumer Sentiment declined from 69.5 in August to 67.7 in September.
- Current Economic Conditions pulled back from 75.7 to 69.8.
- Index of Consumer Expectations grew from 65.5 to 66.3.
On September 15, the University of Michigan released Michigan Consumer Sentiment report for September. The report indicated that Michigan Consumer Sentiment declined from 69.5 in August to 67.7 in September, compared to analyst consensus of 69.1.
Current Economic Conditions decreased from 75.7 in August to 69.8 in September, while Index of Consumer Expectations improved from 65.5 to 66.3.
The University of Michigan commented: “Sentiment this month was characterized by divergent movements across index components and across demographic groups with…
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