Tuesday, February 28, 2023

Consumer Confidence Surveys – As Of February 28, 2023

Advisor Perspectives had a post of February 28, 2023 (“Consumer Confidence Declines Again in February“) that displays the latest Conference Board Consumer Confidence and University of Michigan Consumer Sentiment Index charts.  They are presented below:

(click on charts to enlarge images)

Conference Board Consumer Confidence Index

University of Michigan Consumer Sentiment Index

While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends to be notable, especially in light of a variety of other highly disconcerting measures highlighted throughout this site.

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 3990.11 as this post is written

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