Consumer Confidence Surveys – As Of April 26, 2024

Advisor Perspectives had a post of April 26, 2024 (“Michigan Consumer Sentiment Continues to Plateau in April“) 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 Index 104.7

University of Michigan Consumer Sentiment Index 77.2

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 5100.12 as this post is written