Sentiment
Consumer Sentiment Continues to Warm in February
Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel… […]
Consumer Sentiment at Highest Levels in Years
The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) shows an increase of 3.5 points in January to 70.7, its highest level since March 2022. Overall, the full index is up 9.1 points year over year. The index and its assessment are based on the following components: Do respondents think now is a good time… […]
Consumer Sentiment Continues to Gain Momentum
The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting optimism about the economy as the new year gets underway. The Index of Consumer Sentiment, calculated by surveying consumers, currently sits at 79, a substantial increase both month-over-month (69.7 in December 2023) and year-over-year (64.9… […]
Homebuyer Sentiment Continues Previous Decline
Fannie Mae’s Home Purchase Sentiment Index (HPSI) faltered a bit in July as it tried to recover from its 29.5-point aggregate plunge in March and April. The index, derived from six questions on the National Housing Survey (NHS), decreased 2.3 points in July to 74.2. Three of the components deceased from June levels, led by […]