University of Michigan: Consumer Sentiment Unmoved Amid Persistent High Prices
April 29, 2023
April 29, 2023
ANN ARBOR, Michigan, April 29 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment was essentially unchanged this month, edging up less than two index points from March, according to the University of Michigan Surveys of Consumers.
Sentiment is now about 3% below a year ago but 27% above the all-time low from last June. Sentiment rose for lower-income consumers, offsetting declines among those with higher incomes. Buying condition . . .
Consumer sentiment was essentially unchanged this month, edging up less than two index points from March, according to the University of Michigan Surveys of Consumers.
Sentiment is now about 3% below a year ago but 27% above the all-time low from last June. Sentiment rose for lower-income consumers, offsetting declines among those with higher incomes. Buying condition . . .