U.S. consumer sentiment surged to a 13-year high

October 13,2017
one small voice


U.S. consumer sentiment surged to a 13-year high as Americans’ perceptions of the economy and their own finances rebounded following several major hurricanes, a University of Michigan survey showed Friday.


Highlights of Michigan Sentiment (October, preliminary)

-Sentiment index rose to 101.1 (est. 95), highest since Jan. 2004, from 95.1 in Sept.
-Current conditions gauge, which measures Americans’ perceptions of their finances, jumped to 116.4, highest since Nov. 2000, from 111.7
-Expectations measure increased to 91.3, highest since Jan. 2004, from 84.4