Consumer Sentiment in U.S. Hovers Near Highest in 12 Years

  • Survey shows partisan divide over effect of Trump policies
  • ‘Actual changes in the economy’ to affect future confidence

How Disappointing Are the Retail Numbers?

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Consumer confidence was little changed in January from its highest level since the start of 2004, showing Americans are still optimistic that fresh economic policies will spur growth.

The University of Michigan said Friday that its preliminary index of sentiment was 98.1, after 98.2 in December. The median projection in a Bloomberg survey called for 98.5, with estimates ranging from 96 to 100.