Updated: 30-Apr-21 10:16 ET

April Univ. of Michigan Consumer Sentiment - Prelim

Updated: 30-Apr-21 10:16 ET

Highlights

• The final April reading for the University of Michigan Index of Consumer Sentiment increased to 88.3 (Briefing.com consensus 87.0) from the preliminary reading of 84.9.
• The final reading for March was 84.9.

Key Factors

• The Current Economic Conditions Index held steady with the the preliminary reading of 97.2. The final reading for March was 93.0.
• The Index of Consumer Expectations increased to 82.7 from 79.7. The final reading for March was 79.7.

Big Picture

• The key takeaway from the report is the finding that an all-time record number of consumers expect the unemployment rate to decline in the year ahead, which is an important view as it relates to spending potential.

Category	APR	MAR	FEB	JAN	DEC
Sentiment	88.3	84.9	76.8	79.0	80.7
Outlook	82.7	79.7	70.7	74.0	74.6
Present conditions	97.2	93.0	86.2	86.7	90.0