Mar 17, 2017

U.S. consumer sentiment beating expectations

U.S. consumer sentiment climbed by 1.3 points in March, according to the University of Michigan's newly-released consumer sentiment gauge. That surpasses Wall Street predictions, according to the FT.

This makes sense given the current economic conditions in the U.S. The gauge notes that conditions are at their highest levels since 2000 due to "improved personal finances."

Data: University of Michigan Survey of Consumers; Chart: Andrew Witherspoon / Axios

A note on partisanship: Republicans and Democrats differ on their expectations for future economic conditions: Republicans see more growth ahead, Democrats are more pessimistic.

Go deeper