American Sentiment on Economy Tops in 30 Months: 5 Picks

The sentiment of U.S. consumers on the economy and its future outlook have both got a boost in January. On Jan 19, the University of Michigan reported that the preliminary index of the U.S. consumer sentiment for January came in at 78.8, well above the consensus estimate of 69.7. The final index for December was also 69.7.The index for January was the highest since July 2021. Moreover, the index climbed 13.1% month over month, marking its fastest pace of increase since December 2005. The sub-index for the c ...