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U.S. Michigan Current Conditions Index Final for Sept. at 50.9, Flat from Prior and Above Forecast
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The University of Michigan's final reading of the US Consumer Sentiment Current Conditions Index for September came in at 50.9, unchanged from the preliminary reading and above the market forecast of 49.5. The index measures consumers' assessment of current economic conditions, including their personal finances and buying conditions for durable goods. The final figure indicates that consumer sentiment regarding the present economic situation remained stable during the month, slightly better than economists had anticipated. The data is closely watched by financial markets as a gauge of consumer confidence and spending intentions.
Source report
- Final reading: 50.9
- Market expectation: 49.5
- Previous reading: 50.9
The September final reading of the University of Michigan Current Conditions Index came in at 50.9, exceeding the market expectation of 49.5 and remaining unchanged from the previous reading of 50.9.
Source
金十数据Neutral / independent
Part of this Story
University of Michigan September consumer sentiment index rises to 48.1, above forecasts