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Friday, January 16, 2015

Preliminary January Consumer Sentiment increases to 98.2

by Calculated Risk on 1/16/2015 10:01:00 AM

Consumer Sentiment
Click on graph for larger image.

The preliminary Reuters / University of Michigan consumer sentiment index for January was at 98.2, up from 93.6 in December.

This was above the consensus forecast of 94. Lower gasoline prices and a stronger economy are probably the reasons for the sharp increase.