Michigan Consumer Sentiment Again Falls Below Expectation
From dshort.com - Advisor Perspectives
January 18, 2013 - 10:22am
Jan 28, 2013 Doug Short The University of Michigan Consumer Sentiment preliminary number for January came in at 71.3, an unexpected decline from the December final of 72.9, which was also a surprise to the downside. The Briefing.com consensus was for 75.0 and Briefing.com's own forecast was for 76.0. See the chart below for a long-term perspective on this widely watched index. I've highlighted recessions and included real GDP to help evaluate the correlation between the Michigan Consumer Sentiment Index and the broader economy. More...
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