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What is the University of Michigan Consumer Sentiment Index and how does it affect the market?

April 26, 2017affect consumer fast index market Michigan sentiment

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What is the University of Michigan Consumer Sentiment Index and how does it affect the market?

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The consumer sentiment index, published by the Institute for Social Research at the University of Michigan, combines current and expected levels of consumer confidence. This index is closely watched, but it is not clear if it is a good predictor of future economic activity.