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Consumer Sentiment for January Holds Strong

Wednesday, Jan 22 2020
Lending
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Americans’ economic outlook has stayed upbeat, supported by robust employment and soaring stock markets, signaling spending will keep rising. So reports Bloomberg.

!--more-->The University of Michigan’s preliminary index of consumer sentiment for January was 99.1, inching downward from a seven-month high of 99.3 in December.

As MarketWatch reports, the Federal Reserve would likely be encouraged that Americans’ inflation expectations edged upward to 2.5%, indicating an outlook of steady growth.

Read the full article from Bloomberg.

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