Home >> Tag Archives: Consumer Sentiment

Tag Archives: Consumer Sentiment

Consumer Sentiment Rebounds

Fannie Mae’s newest Home Purchase Sentiment Index report shows overall consumer confidence back to where it was in February. More people are bullish on buying and more feel safer in their jobs. And more than ever, survey respondents feel better about getting a mortgage today.

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Confidence in Housing Surges

According to a recent index released by Fannie Mae, optimism in the housing market has hit its highest point in five months. Employment gains, mortgage rates, and home prices will determine whether this surge in confidence will continue.

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Consumer Sentiment Shows Dramatic Drop

Consumer sentiment dropped substantially in the first May reading in the University of Michigan'sConsumer Sentiment Index, from 95.9 in April down to 88.6, its lowest level since October of last year.

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Fannie Mae Survey Shows Housing Sentiment Hurt By Lack of Income Growth

The optimism expressed by consumers toward the economy and the housing market at the beginning of the year has stalled as consumers' attitudes toward personal finances and wage growth have taken a step backward, according to Fannie Mae's March 2015 Housing Survey released Tuesday. Whereas February's survey showed that consumer optimism toward the economy was at an all-time high, March's survey painted a different picture.

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Consumer Sentiment Falling Despite Rosy Economic Forecast

The U.S. Bureau of Labor Statistics Employment Summary released in early February reported an average hourly wage gain of 12 cents month-over-month, from $24.63 to $24.75. Still, U.S. Treasury Secretary Jacob Lew said after that report was released that more wage growth is needed in order for the economy, and hence the housing industry, to recover.

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Consumer Sentiment Rises in First-Look Reading

The Thomson Reuters/University of Michigan survey of consumer sentiment came in at a preliminary index reading of 93.8 for December, up from November's final reading of 88.8. December's report beat economists' forecasts by more than four points and puts the index at its highest level since January 2007.

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Consumer Sentiment Steps Back

The University of Michigan/Thomson Reuters Index of Consumer Sentiment slipped to 79.9 in a preliminary March report after finishing February at 81.6. A consensus forecast from economists surveyed by Bloomberg projected a slight climb to 81.8. Even with the latest decline, “[c]onsumer sentiment has been weathering the winter rather well,” said Chris Christopher, director of consumer economics for IHS Global Insight.

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