University of Michigan: Consumer Sentiment Holds as Personal Finances Remain Stable
August 26, 2023
August 26, 2023
ANN ARBOR, Michigan, Aug. 26 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment was relatively unchanged in August and ended the month with its second-highest reading in 21 months, according to the University of Michigan Surveys of Consumers.
This follows two months of large jumps in sentiment resulting from the substantial slowdown in inflation and ongoing strength in labor markets. Overall, consumers remain supported by strong . . .
Consumer sentiment was relatively unchanged in August and ended the month with its second-highest reading in 21 months, according to the University of Michigan Surveys of Consumers.
This follows two months of large jumps in sentiment resulting from the substantial slowdown in inflation and ongoing strength in labor markets. Overall, consumers remain supported by strong . . .