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Home > UMich Consumer Sentiment Drops For 2nd Month In A Row, First Time Since Oct 2013

UMich Consumer Sentiment Drops For 2nd Month In A Row, First Time Since Oct 2013

By Tyler Durden
Created 03/27/2015 - 09:09
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 03/27/2015 09:09 -0500



 

For the first time since October 2013, UMich Consumer Sentiment dropped for consecutive months (printing a final 93.0 for March down from 95.4 in Feb, but above the flash print earlier in the month). Under the surface there are concerns with an increasing number of respondents noting that household finance are worse than 5 years ago, and an increasing number of people seeing now as a "bad time to buy" a house or car.

 

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Charts: bloomberg

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-03-27/umich-consumer-sentiment-drops-2nd-month-row-first-time-oct-2013

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