- Analytics
- News and Tools
- Market News
- U.S. consumer sentiment index rise more than forecast in early September
U.S. consumer sentiment index rise more than forecast in early September
A report from
the University of Michigan revealed on Friday the preliminary reading for the
Reuters/Michigan index of consumer sentiment rose to 92.0 in early September.
Economists had
expected the index would increase to 90.9 this month from August’s final
reading of 89.8.
According to
the report, the index of current U.S. economic conditions rose to 106.9 in September
from 105.3 in the previous month. Meanwhile, the index of consumer expectations
climbed to 82.4 this month from 79.9 in August.
The data did
indicate that consumers anticipate that the Fed would cut interest rates next
week, with net declines in interest rates more frequently expected at present
than anytime since the depths of the Great Recession in February 2009, the
report noted.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
