Consumer sentiment index in January hits highest level in nine months

A measure of consumer sentiment on the economy rose in January to the highest level in nine months. The final reading of the consumer sentiment survey this month was 99.8, up from an initial 99.1. The index came in at 99.3 in December. The sentiment index is not far from its recent peak of 101.4 in early 2018. The report is produced by the University Michigan.