But the consumer sentiment index is still worrying, particularly the low consumer expectations number.
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The Consumer Sentiment Index was at 79.3, up from 76.4 in April and 74.3 in May 2011.
The University of Michigan reported that its consumer sentiment index was 71.6, another better-than-expected reading as the holiday approached.
The government's monthly consumer sentiment index, after plunging in the wake of the disasters, is now nearing pre-March 11 levels.
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The preliminary May University of Michigan consumer sentiment index jumped to 83.7, the best reading since 2007, from 76.4 in April.
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The latest reading of the University of Michigan Consumer Sentiment Index shows consumer confidence is at its highest level since 2007.
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The University of Michigan's consumer sentiment index showed that Americans were feeling more confident about the economy at the end of March.
The GFK market research group said its consumer sentiment index fell to a two-year low in December at 4.3, down from 4.9 in November.
Then on Friday, we get the advance reading on second-quarter GDP and the final July reading for the University of Michigan Consumer Sentiment Index.
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The Michigan Consumer Sentiment Index fell to 74.5 in early December, down from 82.7 in November, likely from the worry over the fiscal cliff.
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Friday: The economic calendar is relatively heavy with the release of export and import prices along with the preliminary University of Michigan consumer sentiment index.
The University of Michigan reported its closely watched Consumer Sentiment Index fell further in the first half of this month, to 57.5, from the already troublesome 59.4 in September.
On the economic front, U.S. consumers felt worse about the economy in mid-January than at the end of December, bucking economists' projections for a rebound in sentiment, according to the Thomson Reuters and University of Michigan's consumer-sentiment index.
Though the latest consumer-sentiment index from Thomson Reuters and University of Michigan topped expectations.
Japan's monthly consumer-sentiment index, after plunging in the wake of the disasters, is nearing pre-March 11 levels.
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In stark contrast, dissemination of a twice-monthly consumer-sentiment index compiled by the University of Michigan is staggered by design.
The manufacturing sector grew at its fastest pace since June 2011 in February, according to the Institute of Supply Management's manufacturing purchasing managers' index, while U.S. consumer confidence was at its highest level since November, according to Thomson-Reuters and University of Michigan's consumer-sentiment index.
The week ends with Personal Income and Outlays, the PMI Manufacturing Index, consumer sentiment, and the ISM Manufacturing Index on Friday.
U.S. economic data due for release Thursday includes the third-quarter GDP estimate, the weekly jobless claims report, the Chicago Fed national activity index, the University of Michigan consumer sentiment survey, the U.S. house price index and leading economic indicators.
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However, the centre's optimistic view was not reflected in the University of Michigan's latest index of consumer sentiment.
Finally, just before the long weekend, we get consumer sentiment, the ISM Manufacturing Index and the monthly reading on construction spending.
Confidence improved by more than expected, according to the final October reading of the University of Michigan's index of consumer sentiment.
The University of Michigan's index of consumer sentiment fell unexpectedly.
On Friday, we get the Producer Price Index and the initial reading on consumer sentiment from the University of Michigan.
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U.S. economic data due for release Friday includes the producer price index and the University of Michigan consumer sentiment survey.
U.S. economic data due for release Friday includes the advance GDP estimate, the employment cost index and the University of Michigan consumer sentiment survey.
U.S. economic data due for release Friday includes the producer price index, the University of Michigan consumer sentiment survey, and the monthly Treasury budget statement.
There was some more weak economic data coming out of China overnight, as the Chinese non-manufacturing purchasing managers index fell in September, while consumer sentiment also weakened last month.
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U.S. economic reports due for release Friday include durable goods orders, personal income and outlays, the Chicago Fed national activity index, the University of Michigan consumer sentiment survey, and the Kansas City Fed manufacturing survey.
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Things do not slow down much Friday, as we get the latest data on personal income and outlays, as well as the Chicago Purchasing Managers Index and the final estimates of consumer sentiment from the University of Michigan.
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