Consumer Sentiment strengthens in January

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Ann Arbor, MI) -- Consumer sentiment is improving for the second straight month.

The University of Michigan's final reading for January rose nine-percent from last month.

The short-term economic outlook held steady while most Americans felt better about their personal finances and buying conditions for big ticket items.

However, the survey noted two-thirds of consumers expect an economic downturn this year.


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