US Consumer Sentiment Rises More Than Predicted To 6-Month Highs, Inflation Expectations Hit 4-Year Low
US Consumer Sentiment Rises More Than Predicted To 6-Month Highs, Inflation Expectations Hit 4-Year Low
The University of Michigan's widely followed consumer survey showed Friday that confidence hit a six-month high in November, driven by an optimistic future outlook and stable inflation expectations.
密歇根大學廣受關注的消費者調查顯示,由於樂觀的未來展望和穩定的通脹預期,11月份的信心指數達到了六個月來的最高水平。
November Consumer Sentiment Report: Key Highlights
十一月消費者信心報告:主要亮點
- The consumer sentiment index rose from 70.5 in October to 73 points in November, marking a 3.5% monthly surge and surpassing economist estimates – as tracked by TradingEconomics – of 71, preliminary estimates from the University of Michigan showed.
- The sub-index for consumer expectations increased from 71.1 to 78.5 points, marking the highest level since July 2021.
- The sub-index for current conditions eased from 64.9 to 64.4.
- The year-ahead inflation expectations fell from 2.7% to 2.6%, the lowest since December 2020. Long-term inflation expectations inched slightly higher from 3% to 3.1%.
- 消費者信心指數從10月的70.5上升到11月的73點,月度增長3.5%,超過經濟學家估計的71點,密歇根大學的初步估算顯示。
- 消費者預期的分項指數從71.1上升到78.5點,創下自2021年7月以來的最高水平。
- 當前情況的分項指數從64.9下降到64.4。
- 明年通脹預期從2.7%下降到2.6%,自2020年12月以來最低。長期通脹預期略微上升,從3%上升到3.1%。
Economist Takeaways
經濟學家觀點
The expectations index surged across all dimensions, reaching its highest reading since July 2021.
預期指數在各個維度上急劇上升,達到自2021年7月以來的最高水平。
"Expectations over personal finances climbed 6% in part due to strengthening income prospects, and short-run business conditions soared 9% in November. Long-run business conditions increased to its most favorable reading in nearly four years," said University of Michigan's Surveys of Consumers Director Joanne Hsu.
密歇根大學消費者調查主任Joanne Hsu表示:「由於收入前景增強,個人財務預期提升了6%,而短期業務狀況在11月飆升了9%。長期業務狀況則達到了近四年來最有利的水平。」
Consumer sentiment is now roughly 50% higher than its June 2022 low, but remains below pre-pandemic readings, Hsu said. She added that interviews for the release concluded Monday and do not include reactions to the presidential election.
消費者情緒現在比2022年6月的最低點大約高出50%,但仍低於疫情前的水平,Hsu表示。她補充說,採訪的時間截至週一發佈,並未包含對總統選舉的反應。
Market Reactions
市場反應
Stocks were little moved Friday, with major U.S. equity indices hovering broadly around the flatline during New York morning trading.
週五,美國主要股指在紐約盤初基本未變,股市股指在紐約早盤交易時大體維持在持平水平附近。
Small caps, tracked by the iShares Russell 2000 ETF (ARCA: IWM, inched 0.3% higher.
小型股在iShares羅素2000指數etf(ARCA:IWm)的跟蹤下上漲了0.3%。
Real estate and utilities were the best performing sectors, up 1.3% and 1.2%, respectively.
房地產和公用事業是表現最好的行業,分別上漲了1.3%和1.2%。
Treasury yields continued to fall on Friday, with the 10-year yield down by 5 basis points. As such, long-dated bond ETFs rallied, with the iShares 20 + Year Treasury bond ETF (NASAQ: TLT) rallied 1.3%.
週五,國債收益率繼續下跌,10年期收益率下跌了5個點子。因此,長期債券型etf大漲,iShares 20 +年期國債etf(NASAQ:TLT)大漲1.3%。
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圖片來自Shutterstock。
譯文內容由第三人軟體翻譯。