Friday, April 30, 2010

University of Michigan Consumer Sentiment Index Down 1.4 Points

In April, the University of Michigan Consumer Sentiment Index fell1.4 points to 72.2. Though off its lows of last year, the index has flattened or even trended down slightly over the past few months at a level that is still quite depressed. The months decrease was equally due to both components. Both the future expectations and current conditions components of the index fell by 1.4 points.

Inflation expectations were unchanged over the month. Both the one-year and five-year outlook remained at 2.7% for the third consecutive month.

10.04.30 (Source: University of Michigan)

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