Friday, March 31, 2023

Consumer Confidence Surveys – As Of March 31, 2023

Advisor Perspectives had a post of March 31, 2023 (“Michigan Consumer Sentiment Drops for First Time in Four Months“) 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 104.2

University of Michigan Consumer Sentiment Index 62.0

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.

_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 4082.13 as this post is written

No comments:

Post a Comment