Consumer Sentiment Strongest since January 2007

PPI (FD) November 2014

– PPI-FD month/month -0.2%. Previous was +0.2%
– PPI-FD year/year +1.4%. Previous was +1.5%
– PPI-FD less food & energy month/month  +0.0%. Previous was +0.4%
– PPI-FD less food & energy year/year +1.7%. Previous was +1.8%
– PPI-FD less food, energy & trade services month/month +0.0%. Previous was +0.1%
– PPI-FD less food, energy & trade services month/month +1.6%. Previous was +1.6%
– PPI-FD Goods month/month  -0.7%. Previous was -0.4%
– PPI-FD Goods year/year   +0.4%. Previous was +1.1%
– PPI-FD Services month/month +0.1%. Previous was +0.5%
– PPI-FD Services month/month +1.9%. Previous was +1.8%.

 

University of Michigan Consumer Sentiment (December 2014)

– Sentiment Index 93.8.  Previous was 88.8.

This is supposed to measure consumers’ spending plans over the next 90 days.  This is the strongest reading since January 2007.