(CercleFinance.com) – US consumer confidence improved in January, and a little more markedly than expected, according to the final index from the University of Michigan published on Friday.
The ‘UMich’ index thus came out at 64.9 in the final version, against 59.7 in December, while it had stood at 64.6 in the first estimate and economists were expecting it at 64.6. also.
The component measuring consumer sentiment on current conditions rose to 68.4 from 59.4 last month, while the consumer expectations sub-index rose to 62.7 from 59.9 in December. .
Joanne Hsu, the author of the survey, nevertheless reveals that the economic risks are on the downside, with two-thirds of consumers surveyed saying they expect a turnaround in the economy over the coming year.
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