University of Michigan: Sentiment Tumbles Amid Debt Ceiling Crisis
May 27, 2023
May 27, 2023
ANN ARBOR, Michigan, May 27 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment slipped 7% due to renewed concerns about the trajectory of the economy, erasing nearly half of the gains achieved since the all-time historic low from last June.
Consumers' worries about the outlook of the economy in both the short and long run worsened considerably given the negative news about the economy, including the debt ceiling crisis. With the . . .
Consumer sentiment slipped 7% due to renewed concerns about the trajectory of the economy, erasing nearly half of the gains achieved since the all-time historic low from last June.
Consumers' worries about the outlook of the economy in both the short and long run worsened considerably given the negative news about the economy, including the debt ceiling crisis. With the . . .