University of Michigan: Improving Personal Finances, Business Conditions Lift Consumer Sentiment
July 29, 2023
July 29, 2023
ANN ARBOR, Michigan, July 29 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment lifted 11% in June, reaching its highest level since October 2021, a sign of greater optimism as inflation continued to ease and stock market performance strengthened.
Sentiment is now about halfway between the all-time historic low of 50 from June 2022 and the February 2020 pre-pandemic reading of 101, a reflection of the material improvement in the . . .
Consumer sentiment lifted 11% in June, reaching its highest level since October 2021, a sign of greater optimism as inflation continued to ease and stock market performance strengthened.
Sentiment is now about halfway between the all-time historic low of 50 from June 2022 and the February 2020 pre-pandemic reading of 101, a reflection of the material improvement in the . . .