Consumer Confidence Surveys – As Of October 28, 2022

Advisor Perspectives had a post of October 28, 2022 (“Michigan Consumer Sentiment Inches Up in October“) that displays the latest Conference Board Consumer Confidence and University of Michigan Consumer Sentiment Index charts.  They are presented below:

(click on charts to enlarge images)

Conference Board Consumer Confidence 102.5

University of Michigan Consumer Sentiment Index 59.9

While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends to be notable, especially in light of a variety of other highly disconcerting measures highlighted throughout this site.


The Special Note summarizes my overall thoughts about our economic situation

SPX at 3876.28 as this post is written