Confidence Up, Sentiment (Final) Flat
Headlines (Bloomberg) note increase in Conference Board’s Confidence index, for the first time in four months. However, the index remains pretty low, as does Michigan’s final reading on Sentiment. Figure 1: U.Michigan Economic Sentiment, using Cummings Tedeschi adjustment (blue), Conference Board Confidence Index (brown), Gallup Confidence (green), all demeaned and divided by standard deviation…
We haven't written up this one. Econbrowser has the full story — the link below goes straight to it.