(Tiper Stock Exchange) – American consumer confidence improves in January 2023. According to preliminary data from the University of Michigan, consumer sentiment is estimated to be on the rise at 64.6 points compared to 59.7 points in December 2022, and it is also better than the expectations of analysts who expected 60.5 points.
In the same period, the index on present situation rose to 68.6 points from 59.4 points previously (expectations were for 60 points), while the index on waited it rose to 62 points from 59.9 previously (the consensus was at 59.5 points).
“Consumer sentiment has remained low from a historical perspectivebut it continued to rise for the second consecutive month, increasing by 8% from December and reaching about 4% less than a year ago,” the researchers comment.