Skip to content

Consumer Confidence Improves

 UPDATED:
9/16/2011 10:30:00 AM
Write a Letter to the Editor


Print This

 

Consumer confidence rose this month from its lowest level in almost three years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The September preliminary index rose to a reading of 57.8, from the 55.7 reading in August that had been the lowest since November 2008.

A preliminary reading two weeks ago showed a reading of 54.9.

The reading topped economists’ median forecast of a 57 reading, Bloomberg reported.

The index averaged a reading of 89 in the five years leading up to the recession at the end of 2007.

Follow Transport Topics on RSS Twitter Facebook


 Print This

 



© 2011, Transport Topics Publishing Group. All rights reserved.

 

 

RELATED ARTICLES

Consumer Confidence Improves (9/16/2011 10:30:00 AM)
Consumer Confidence Drops in August (8/30/2011 10:15:00 AM)
Consumer Confidence Falls in August (8/26/2011 10:30:00 AM)
Trucking Shares Fall in Market Drop, But Analysts Confident of Industry (8/15/2011 8:00:00 AM)
Consumer Confidence Falls to 31-Year Low (8/12/2011 11:00:00 AM)
Oil Finishes Week Over $85 a Barrel (8/12/2011 3:00:00 AM)
 


Click Here!

Emil Estafanous, CPA, CFF, CGMA