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The University of Michigan created a new indicator used to gauge consumer confidence.

4 reports, 4 independent Updated Aug 29
Gone quiet
Reports
4
Developments
4
Repetition
50%

New informationRepeats or wire copies

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What happened

Well supportedReported by 4 independent outlets

The University of Michigan created a new indicator used to gauge consumer confidence.

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What this event is mainly about

How it developed

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  1. Deterioration in consumer sentiment impacted market indices.Sub-event
  2. Easing prices are supporting consumer sentiment, leading to an increase in the index values for the second consecutive month.Sub-event
  3. Fed tracks consumer sentiment data derived from the U of M indicator, involving Stripe's chief economist.1 source
  4. U of M created a new indicator to measure consumer confidence.1 source

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