Sentiment falls amid concerns that labor markets may weaken
May 24, 2024
May 24, 2024
ANN ARBOR, Michigan, May 24 -- The University of Michigan issued the following news:
Sentiment fell back about 10% in May, a departure from three consecutive months of very little change in consumer views, according to the University of Michigan Surveys of Consumers.
Although consumers' views about their personal finances were little changed this month, their outlook for short-run business conditions declined notably in May, said U-M economist Joanne Hsu, director of th . . .
Sentiment fell back about 10% in May, a departure from three consecutive months of very little change in consumer views, according to the University of Michigan Surveys of Consumers.
Although consumers' views about their personal finances were little changed this month, their outlook for short-run business conditions declined notably in May, said U-M economist Joanne Hsu, director of th . . .