Historical Year Data · 2023
Consumer Sentiment (Michigan) in 2023
Consumer Sentiment (Michigan) opened 2023 at 64.90 and closed at 69.70, a +7.40% move for the year. The high of 71.50 was reached on July 1, and the low of 59.00 on May 1.
Open
64.90
2023-01
Close
69.70
12 data points
High
71.50
Jul 1
Low
59.00
May 1
Full Year Change
+7.40%
2022 Change
-11.01%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 64.90 | 64.90 | 64.90 | 64.90 | +0.00% |
| Feb | 66.90 | 66.90 | 66.90 | 66.90 | +0.00% |
| Mar | 62.00 | 62.00 | 62.00 | 62.00 | +0.00% |
| Apr | 63.70 | 63.70 | 63.70 | 63.70 | +0.00% |
| May | 59.00 | 59.00 | 59.00 | 59.00 | +0.00% |
| Jun | 64.20 | 64.20 | 64.20 | 64.20 | +0.00% |
| Jul | 71.50 | 71.50 | 71.50 | 71.50 | +0.00% |
| Aug | 69.40 | 69.40 | 69.40 | 69.40 | +0.00% |
| Sep | 67.80 | 67.80 | 67.80 | 67.80 | +0.00% |
| Oct | 63.80 | 63.80 | 63.80 | 63.80 | +0.00% |
| Nov | 61.30 | 61.30 | 61.30 | 61.30 | +0.00% |
| Dec | 69.70 | 69.70 | 69.70 | 69.70 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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