US Macro: UMCSI March 2017 The Consumer

US Macro: UMCSI March 2017 The Consumer

Last month we said that the consumer looked quite positive. There had been an upside rally in consumer confidence after Trump’s elections. However, we were concerned about February’s data, which was suggesting that confidence could be peaking.

UMCSI marzo 2017.png

As you can see in the graph we have some good news, there was an increase in March (97.6) from February (96.3). This was possible thanks to the increase in the Current Conditions Index.

Although I will keep a very close eye on what happens the next months, we can’t deny the strength of the movement. So, for now, the best thing we can do is to take a bullish view on it.

Nuño Pérez del Barrio
Twitter: @nuopb

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s