Consumer sentiment reaches post-recession high

Consumer sentiment rose to its highest level since the recession in May, despite a tough month on Wall Street and worsening conditions in Europe.

The Thomson Reuters/University of Michigan index climbed to 79.3 in its final May reading, up from a midmonth tally of 77.8 and April’s score of 76.4.

May’s consumer sentiment index beat out February 2011’s score of 77.5, the previous post-recession high in a month-end reading. It also topped analysts’ expectation of 77.8 according to Econoday.

Read the full article: Consumer sentiment reaches post-recession high | HousingWire.

Author Bio:

Travis Saxton | Managing Partner In 2010 we had Travis Saxton, our Managing Partner, join our team and he has been working closely with many real estate technology and marketing companies and understands what brokerages and sales professionals need and want to become successful. He is featured weekly in industry publications, webinars, presentations, and regularly presents at national conferences and regional meetings.



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