University of Michigan: Consumer Sentiment Ticks Up in Jan
1/09 9:31 AM
University of Michigan: Consumer Sentiment Ticks Up in Jan Karim Bastati DTN Analyst VIENNA (DTN) -- U.S. consumer sentiment continued to improve in January, with the Index of Consumer Sentiment rising 1.1 points to a four-month high 54, according to preliminary data from the University of Michigan's Surveys of Consumers released Friday (1/9) morning. This marked the second consecutive monthly improvement after the index in November plummeted to the lowest reading in three and a half years. Year-over-year, the index was down 17.7 points, or 24.7%. The Index of Consumer Expectations, which reflects the economic outlook over the next 12 months, rose 0.4 points to 55, up 0.7% month-on-month but down 20.9% compared to the same month last year. The Current Economic Conditions Index, measuring sentiment about personal finances and buying conditions, rose 2 points to 52.4. Year-on-year, the index was down 30.2%. "Consumers continue to be focused primarily on kitchen table issues, like high prices and softening labor markets. Although consumers' worries about tariffs appear to be gradually receding, they remain guarded about the overall strength of business conditions and labor markets," said Surveys of Consumers Director Joanne Hsu. Year-ahead inflation expectations were unchanged at 4.2%, the lowest reading since January 2025, when they were at 3.3%. Long-run inflation expectations, meanwhile, rose from 3.2% to 3.4%. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN