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sentiment index (7)

August 2017 Connecticut Sentiment Index

You wouldn't be able to tell from reading today's papers around Connecticut.  They are covering just about every trigger issue out there: from the state budget crisis, to Charlottesville, North Korea, Venezuela, and even Taylor Swift's groping.  But the Connecticut Sentiment Index turned positive - moving up about 6 percent in the positive direction.  Maybe its 'cause Brad Paisley was in town on Sunday. …

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July 2017 Connecticut Sentiment Index

The July Connecticut Sentiment Index barely budged from its June level, inching from 57.7 to 57.9.  By contrast the University of Michigan Survey of Consumer Sentiment Index declined (-2.1%) between June and July. Survey of Consumers chief economist Richard Curtin attributes the decline primarily to fading expectations of a continued Trump bump.  Recall that the Michigan Survey is a…

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the May 2015 Connecticut Sentiment Index

The index reveals a slight almost imperceptible turn for the positive across the state - an upwards tick of 3.2 percent. The Michigan Consumer Sentiment Index had an April to May drop of approximately 7.6 percent.  Richard Curtin, the Michigan Index chief economist attributes the observed drop in the Michigan Index to consumers abandoning expectations of a fast recovery.  I on the other hand…

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the April Connecticut Sentiment Index

Sentiment appears to have bounced back well into positive territory.  A tad counterintuitive; today is the deadline for filing taxes - both federal and state.  I cannot imagine anyone being too positive about doling out taxes.  The other trending event today across the state was the verdict in the Aaron Hernandez matter; justice was served but i doubt many are too keen on the dramatic fall from grace of a native son. 

The index…

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It’s perhaps the right moment to talk about the pitfalls of forecasting – having just lived through a barrage of blizzards and whatnots. We’ve seen the weather folks’ prediction range from blowing-it (I couldn’t resist the pun) to being exactly on the money. The first storm in this series (late January ??) seems so long ago now – and it turned out to what can best be described as annoying - but what the histrionics-prone weather-folk at WTNH were gleefully calling…

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