Consumer Sentiment: Increases Slightly
December 11, 2015
Consumer Sentiment ROSE by 0.5 points in early December to 91.8%, compared with market expectations for an increase to 92.0%. Despite this month's slight increase, sentiment is still 1.9% BELOW its year ago level. Sentiment has been rising since August 2011 amid substantial volatility. Current Conditions ROSE by 2.7 points to 107.0%. This is 2.1% ABOVE their year ago level. Current conditions have been climbing erratically for the past 4 years. Consumer Expectations FELL by 0.9 points to 82.0%. Expectations had been climbing slowly amid substantial volatility over the past 4 years. With this month's slight decline, expectations are now 5.1% BELOW its year ago level. Bottom Line: Consumer sentiment climbed slightly in early December, less than market expectations. Sentiment is now slightly above its 6 month average of 90.9. Overall sentiment has been on a climbing trend for the past 4 years, but the pace of increase has slowed recently.
Article by contingentmacro