Consumer Confidence Surveys – As Of February 2, 2024

Advisor Perspectives had a post of February 2, 2024 (“Michigan Consumer Sentiment Soars In January“) 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 114.8

University of Michigan Consumer Sentiment 79.0

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 4966.85 as this post is written