US Consumer Sentiment at 7-Month Low


The University of Michigan's consumer sentiment for the United States came in at 89.7 in April of 2016 from 91 in the previous month and below market expectations of 92. It is the lowest reading since September of 2015, as both future expectations and current conditions deteriorated, preliminary estimates showed.

The barometer of consumer expectations went down to 79.6 from 81.5 in the previous month and the gauge of current economic conditions decreased to 105.4 from 105.6 in March.

Americans expect the inflation rate in the next year to be 2.7 percent, the same as in March. Over the next 5 years, they expect consumer prices to increase at a slower 2.5 percent (2.7 percent in March).

US Consumer Sentiment at 7-Month Low


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
4/15/2016 3:09:07 PM