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Preliminary January 2013 Michigan Consumer Sentiment Drops Again

From Econintersect Combined RSS Feed
January 18, 2013 - 10:19am
by Doug Short, Advisor Perspectives/dshort.com 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.   Read more »

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