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Last edited Sun Feb 23, 2025, 06:09 AM - Edit history (1)

DU thread on that: https://www.democraticunderground.com/10143401252
(I ran smack into the Reuters paywall in the OP above, so I don't know what they are saying about the business activity. But here's a graph on consumer sentiment going back to 1992)

http://www.sca.isr.umich.edu/



The red dot is the latest report: 64.7. The solid black line is the 3-month moving average. They apparently place the 3-month moving average in the middle of the three, so that's why there's no 3-month moving average for February. (The dotted line is the actual monthly numbers)/

Notice today's reading is the lowest in the entire history of the graph, which begins in 1992, with the exceptions of the housing bubble crash period and around the beginning of 2012, which I have no idea what caused that, and the peak inflation of 2022-early 2023.

https://data.sca.isr.umich.edu/data-archive/mine.php
(it goes way way back, I just included the following to show what the two recent peak points on the graph are -progree)
1 2023 64.9
2 2023 66.9
3 2023 62
4 2023 63.7
5 2023 59
6 2023 64.2
7 2023 71.5
8 2023 69.4
9 2023 67.8
10 2023 63.8
11 2023 61.3
12 2023 69.7
1 2024 79
2 2024 76.9
3 2024 79.4 (Local high point -progree)
4 2024 77.2
5 2024 69.1
6 2024 68.2
7 2024 66.4
8 2024 67.9
9 2024 70.1
10 2024 70.5
11 2024 71.8
12 2024 74 (local high point -progree)
1 2025 71.7
2 2025 64.7 progree added this line -- from today's report