Economic Update: University of Michiganâ??s Consumer Sentiment Index
The preliminary February reading for the University of Michiganâ??s Consumer Sentiment Index was reported at 76.3, which was above the consensus reading of 74.3 and last monthâ??s final reading of 73.8.
Note that there are two reports for the Confidence Index each month: Preliminary and Final.
Prior readings for comparison purposes:
- January 2013: 73.8
- December: 72.9
- November: 82.7
- October: 82.6
- September: 78.3
- August: 74.3
- July: 72.3
- June: 73.2
- May: 79.3
- April: 76.4
- March: 76.2
- February: 75.3
- January 2012: 75.0
- December: 69.9
- November: 64.1
- October: 60.9
The Current Conditions component was reported at 88.0, which was above last monthâ??s 85.0.
Finally, the twelve month Economic Outlook came in at 68.7, also above last monthâ??s 66.6.
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