This early-look consumer sentiment measure combines gas prices and mortgage rates. When will it hurt confidence?
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Richer Americans less optimistic after stock plunge, consumer sentiment poll showsMost Americans are still optimistic about the U.S. economy, but a recent slide in the stock market has made wealthier household more anxious about their incomes, a survey of consumers shows. The University of Michigan’s consumer-sentiment index fell to 97.5 in November from 98.
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Consumer sentiment index holds near highs in DecemberThe University of Michigan on Friday said its consumer-sentiment index in December was unchanged at 97.5, keeping most of the gains upbeat consumers have registered over the last two years.
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