Consumer Confidence Surveys – As Of March 28, 2024

Advisor Perspectives had a post of March 28, 2024 (“Michigan Consumer Sentiment Reaches Highest Level Since July 2021“) 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 104.7

University of Michigan Consumer Sentiment Index 79.4

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.

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 5254.81 as this post is written