U.S. Michigan Consumer Sentiment Index Rises to 54.0 in January
The January reading exceeded market expectations of 53.5, marking an improvement from December’s 52.9, according to the University of Michigan’s latest report.
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Terms & Concepts
Consumer Sentiment Index: A measure by the University of Michigan reflecting household confidence in the economy, based on survey data.
University of Michigan Survey: A monthly economic indicator measuring consumer attitudes toward current and future economic conditions.