Consumer sentiment in the United States deteriorated in January

By: Trademagazin editor Date: 2022. 01. 26. 11:05

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After improving over the previous three months, the consumer sentiment index in the U.S. declined in January, albeit less than expected, according to a survey by the Conference Board Institute for Economic Research.

U.S. consumer sentiment decreased slower than expected

The Conference Board’s consumer sentiment index fell less than the expected 111.8 points to 113.8 points in January from 115.2 points in December.
The smaller-than-expected decline is due to a better assessment of the current situation. However, the outlook has deteriorated, including in terms of income, economic and employment opportunities. (MTI)