The University of Michigan’s final September consumer sentiment index reading was 59.4, compared to the preliminary September 57.8, the final August 55.7, the preliminary August 54.9, and the final July 63.7, according to market sources.
The expectations index was 49.4, compared to 47.4 in August, 45.7 earlier in August, and 56.0 in July.
The current conditions index was 74.9, compared to 68.7 in August, 69.3 earlier in August, and 75.8 in July.
Economists polled by Thomson Reuters had predicted a 57.8 reading for the main index, 74.5 for current conditions, and 46.5 for expectations.
The five-year inflation expectation index was 2.9% compared to 2.9% in August, 2.9% in July, and 3.0% in June, while the one-year inflation expectation index was 3.3%, compared to 3.5% in August, 3.4% in July, and 3.8% in June.
The index is not released to the press, but only to paying subscribers.
