Friday, January 16, 2015

Preliminary January Consumer Sentiment increases to 98.2

by Bill McBride 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.