Consumer sentiment strong thanks to middle- and lower-income households

The continued strength in consumer sentiment during the past two months has been due to gains among middle- and lower-income households, while confidence retreated among households with incomes in the upper third of the distribution, according to the University of Michigan (U-M) Surveys of Consumers. …

The Sentiment Index was 91.3 in the November 2015 survey, up from 90.0 in October and the 2015 low of 87.2 in September. CONT.

University of Michigan

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