HI-TRANSFER

Today's final release of the Reuters/University of Michigan Survey of Consumers for January indicated improvement in consumer sentiment with a reading of 75.0 and climbing just 1.08% above the level seen last year while one year inflation expectations rose slightly to 3.3%.

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 69.1, and the Current Economic Conditions Index climbed to 84.2.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining near levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

Today's early release of the Reuters/University of Michigan Survey of Consumers for December indicated improvement in consumer sentiment with a reading of 67.7 but falling 9.13% below the level seen last year while one year inflation expectations declined slightly at 3.1%.

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 61.1, and the Current Economic Conditions Index climbed to 77.9.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining near levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

Today's final release of the Reuters/University of Michigan Survey of Consumers for November indicated improvement in consumer sentiment with a reading of 64.2 but falling 10.34% below the level seen last year while one year inflation expectations went flat at 3.2%.

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 56.2, and the Current Economic Conditions Index climbed to 76.6.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining near levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

Today's final release of the Reuters/University of Michigan Survey of Consumers for October indicated improvement in consumer sentiment with a reading of 60.9 but falling 10.4% below the level seen last year while one year inflation expectations declined to 3.2%.

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 51.8, and the Current Economic Conditions Index climbed to 75.1.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining near levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

Today's final release of the Reuters/University of Michigan Survey of Consumers for September indicated continued weakness in consumer sentiment with a reading of 59.4 falling 12.9% below the level seen last year while one year inflation expectations declined to 3.3%.

The Index of Consumer Expectations (a component of the Conference Board's Index of Leading Economic Indicators) rose to 49.4, and the Current Economic Conditions Index climbed to 74.9.

It's important to recognize that consumer sentiment has seriously eroded over the past few months with the current results remaining at levels not seen since 1980, a major indication that consumers are in the process of tightening even further on spending.

Today's early release of the Reuters/University of Michigan Survey of Consumers for June indicated a worsening of consumer sentiment with a reading of 71.8 falling 5.53% below the level seen last year while one year inflation expectations declined to 4%.

The Index of Consumer Expectations (a component of the Index of Leading Economic Indicators) declined to 66.8, and the Current Economic Conditions Index declined to 79.6.

It's important to recognize that while consumer sentiment is higher than the panic laden trough level seen in late 2008, the current sentiment level is still far lower than any level seen during the 2001 tech recession and roughly equivalent to the worst seen during the early 1990s and second dip 1982 recessions.

Today's early release of the Reuters/University of Michigan Survey of Consumers for May indicated an improvement in consumer sentiment with a reading of 72.4 but still remaining 1.63% below the level seen last year while one year inflation expectations declined slightly to 4.4%.

The Index of Consumer Expectations (a component of the Index of Leading Economic Indicators) rose to 67.4, and the Current Economic Conditions Index declined to 80.2.

It's important to recognize that while consumer sentiment is higher than the panic laden trough level seen in late 2008, the current sentiment level is still far lower than any level seen during the 2001 tech recession and roughly equivalent to the worst seen during the early 1990s and second dip 1982 recessions.