January Consumer Sentiment Comes In Very Weak


Headline: 72.7

Consensus: A rise of 0.5, to 75.

Analysis: Another bad consumer number this morning.

Preview: The University of Michigan Consumer Sentiment index crushed expectations in December, coming in at 74.2 (expectations at 72.5). With all the weak consumer data this morning (rising costs and lower than expected spending), this number has the chance to surprise to the downside.

Check out Goldman’s Jan Hatzius’ take on the U.S. economy in 2011 >

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