Historical Year Data · 2016
Consumer Sentiment (Michigan) in 2016
Consumer Sentiment (Michigan) opened 2016 at 92.00 and closed at 98.20, a +6.74% move for the year. The high of 98.20 was reached on December 1, and the low of 87.20 on October 1.
Open
92.00
2016-01
Close
98.20
12 data points
High
98.20
Dec 1
Low
87.20
Oct 1
Full Year Change
+6.74%
2015 Change
-5.61%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 92.00 | 92.00 | 92.00 | 92.00 | +0.00% |
| Feb | 91.70 | 91.70 | 91.70 | 91.70 | +0.00% |
| Mar | 91.00 | 91.00 | 91.00 | 91.00 | +0.00% |
| Apr | 89.00 | 89.00 | 89.00 | 89.00 | +0.00% |
| May | 94.70 | 94.70 | 94.70 | 94.70 | +0.00% |
| Jun | 93.50 | 93.50 | 93.50 | 93.50 | +0.00% |
| Jul | 90.00 | 90.00 | 90.00 | 90.00 | +0.00% |
| Aug | 89.80 | 89.80 | 89.80 | 89.80 | +0.00% |
| Sep | 91.20 | 91.20 | 91.20 | 91.20 | +0.00% |
| Oct | 87.20 | 87.20 | 87.20 | 87.20 | +0.00% |
| Nov | 93.80 | 93.80 | 93.80 | 93.80 | +0.00% |
| Dec | 98.20 | 98.20 | 98.20 | 98.20 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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