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Friday, August 29, 2014

Consumer Sentiment in VA hits a record high

I have worked with the Roanoke College IPOR to produce the quarterly Consumer Sentiment and Inflation Expectations Reports since November 2011. Although the report has a short history, it is exciting to see new records (in the positive direction). The history of the Virginia Index of Consumer Sentiment (VAICS, shown by orange bars) against the US measure (produced by the University of Michigan, shown by blue line) is shown below. The 2-period moving average of the US measure is shown in black. The national number is generated each month (that's what happens when you have a HUGE budget!).
You can read the full report here.
Things are better in VA. If you live in VA, do feel that way? If you live elsewhere, how are things where you are?
Confidently yours,

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