Slight improvement in US consumer confidence in early September

September 13, 2024 Tóth Balázs
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Consumer confidence in the United States rose slightly in early September, with the University of Michigan’s Consumer Sentiment Index rising from 67.9 points in August to 69 points, beating market expectations of 68 points. The index measuring current economic conditions improved to 62.9 from 61.3, while the consumer expectations index rose to 73 from 72.1. The survey also revealed that one-year inflation expectations fell from 2.8% to 2.7%, while five-year inflation forecasts rose from 3% to 3.1%.
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