Archive for the ‘Score’ tag
U.S. Michigan Consumer Sentument Rebounds for First Time Since January
The preliminary consumer sentiment survey from
Reuters and the University of Michigan rebounded for the first time since
January, reaching a score of 56.6 in July from June’s reading of 56.4.
The consensus was expecting a further decline to 55.5.
According to the report, 90% of respondents said they thought the U.S.
economy was in recession, with the downturn expected to deepen further.
Thursday’s Events: UI Claims, Philly Fed Mfg
At 10 a.m. EDT, the Philadelphia Fed will release its
manufacturing index for June. Economists expect the
headline index to rise to a reading of -10.0 compared to May’s score of -
15.6. Markets will also be paying attention to the prices paid, new
orders and employment indexes, which scored 53.8, -3.7 and -1.0
respectively in May.