Making sense of sentiment

Quick Summary:

Guichard says this is because the board survey’s questions lay the emphasis on the labour market, whereas Michigan’s questions pay closer attention to inflation.

The University of Michigan headline survey rose from 67.9 to 70.1 in September; the Conference Board’s index rose from 99.2 to 108.7, its biggest jump since 2021.

Hsu also points out that the sub-components of the survey show that consumers know perfectly well that the rate of inflation is back to normal.

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Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United States

Topics: Rate Survey Good Sentiment Trump Harris Levels Expectations Inflation Tech Consumers

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 06:30:07 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1259 words

Reading Time: 7 minutes read

Sentences: 20 lines

Sentence Length: 63 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23345957

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 6 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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