WASHINGTON, March 29 (Xinhua) -- U.S. consumer sentiment in March rose to the highest level since 2004 as U.S. economy continued to grow steadily, according to a survey released by the University of Michigan on Thursday. The index of consumer sentiment rose from 99.7 in February to 101.4...
Compared with third-quarter survey responses, 10 percent fewer high-income consumers across generations said they intend to splurge over the next three months. This is notable given that these groups typically have more disposable income and are therefore more open to splurging....
The University of Michigan consumer sentiment for the US was revised lower to 71.1 in January 2025 from a preliminary of 73.2 and compared with 74 in December. The gauge for expectations was revised down to 69.3 from 70.2 and the current conditions subindex was revised lower to 74 from 77.9....
An improved job market also contributed to positive sentiment. Middle-income consumers, Gen Xers, and baby boomers reported the highest increase in optimism among demographic groups. European consumers said their spending levels were similar to those of the previous quarter, and roughly one-third ...
"The consumer sentiment and income expectations of citizens are based on the excellent framework conditions which we still have in Germany," Buerkl said. These conditions included low unemployment, low interest rates, moderate inflation and rising pensions. ...
Consumer sentiment among Ethiopians is also positive. Perhaps because the country’s GDP growth is so strong, Ethiopians feel more financially secure than many other Africans. Their savings rate is the second highest in Africa and it is increasing. Channel Insights Where do Africans shop? T...
Personal Income Up; Consumer Sentiment Off
U.S. Treasury yields were higher Friday as consumer sentiment toward future inflation worsened and as the January jobs report showed higher-than-expected wage growth that might pressure prices. The10-year Treasuryyield rose five basis points to 4.489%. The2-year Treasuryyield was last at 4.289%...
There is a growing literature that seeks to analyse the relationship between consumer sentiment and economic variables, primarily because of the pervasive belief that consumers' opinions and expectations can influence the direction of-or signal changes in the direction of-the economy. There has been ...
Consumers’ view on the state of the economy in the UK dropped by 14 percentage points in Q4 compared with Q3 and likely due to concerns around how higher taxes on businesses could impact their income and prices at the till. A significant six percentage point rise in sentiment towards levels...