The University of Michigan created a new indicator used to gauge consumer confidence.
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Updated oct 14
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What happened
The University of Michigan created a new indicator used to gauge consumer confidence.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Deterioration in consumer sentiment impacted market indices.Sub-event
- Easing prices are supporting consumer sentiment, leading to an increase in the index values for the second consecutive month.Sub-event
Fed tracks consumer sentiment data derived from the U of M indicator, involving Stripe's chief economist.1 source
U of M created a new indicator to measure consumer confidence.1 source
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The entities involved
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University of Michigan
public research university in Ann Arbor, Michigan