US Consumer Sentiment Falls in October

US Consumer Sentiment Falls in October

The Thomson Reuters/University of Michigan’s preliminary reading on the overall index of consumer sentiment fell to 75.2 in October from 77.5 in September. From 2008 until 2013, the United States Consumer Sentiment averaged 69.4 reaching an all time high of 82.7 in November of 2012 and a record low of 55.3 in November of 2008. The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone. This page contains – United States Consumer Sentiment – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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