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What will be the average US consumer sentiment index in Q4 2024?
1
Resolution / Starting Odds
80 or above • 25%
Below 70 • 25%
70 to 74.9 • 25%
75 to 79.9 • 25%
University of Michigan's Consumer Sentiment Index reports for October, November, and December 2024
Story
US Consumer Sentiment Reaches Five-Month High of 70.1 in September After Fed’s Rate Cut
Sep 27, 2024, 02:24 PM
US consumer sentiment continued to rise in late September, reaching a five-month high of 70.1, according to the University of Michigan's final September survey. This marks an increase from the previous estimate of 69.0 and is the highest reading since April 2024. The rise in sentiment is attributed to increased optimism about the economy following the Federal Reserve's interest-rate cut. Additionally, fewer consumers expect unemployment to rise in the year ahead, with the final estimate showing 35% compared to 37% prior. The expectations component of the index also increased sharply to 74.4 from 73 in the previous month.
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Below 70 • 25%
70.0 to 74.9 • 25%
75.0 to 79.9 • 25%
80.0 or above • 25%
Below 95 • 25%
95 to 100 • 25%
100 to 105 • 25%
Above 105 • 25%
Below 100.0 • 25%
100.0 to 103.3 • 25%
103.4 to 106.6 • 25%
Above 106.6 • 25%
Below 68.0 • 25%
68.0 to 70.0 • 25%
70.1 to 72.0 • 25%
Above 72.0 • 25%
Below 70.0 • 25%
70.0 to 74.9 • 25%
75.0 to 79.9 • 25%
80.0 or above • 25%
Below 70.0 • 25%
70.0 to 74.9 • 25%
75.0 to 79.9 • 25%
80.0 or above • 25%
Below 70.0 • 25%
70.0 to 74.9 • 25%
75.0 to 79.9 • 25%
80.0 or above • 25%
Below 100.0 • 25%
100.0 to 103.3 • 25%
103.4 to 106.6 • 25%
Above 106.6 • 25%