by Bill McBride on 1/30/2015 10:00:00 AM
Friday, January 30, 2015
Click on graph for larger image.
The final University of Michigan consumer sentiment index for January was at 98.1, down slightly from the preliminary estimate of 98.2, and up from 93.6 in December.
This was close to the consensus forecast of 98.2. Lower gasoline prices and a better labor market are probably the reasons for the recent increase.