The Consumer Sentiment Index in the United States rose 3.2% in September compared to the month prior, to stand at 70.1, the final report published by the University of Michigan showed on Friday. The figure was 3.4% up on an annual level and came higher than the preliminary data.
The Current Economic Conditions Index jumped 3.3% in the reported period compared to August and slid 11.0% compared to September 2023, landing at 63.3 points. The Index of Consumer Expectations advanced 3.2% on a monthly basis and surged 13.2% on a yearly basis, coming in at 74.4.
"Consumer sentiment extended its early-month climb, ultimately rising more than 3% above August. This increase was seen across all education groups and political affiliations. Relative to August, consumers across political parties are increasingly expecting a Harris presidency, though about two-thirds of Republicans still expect Trump to win," it was written in the report.
