University of Michigan: Inflation Raises Uncertainty About Future Living Standards
October 02, 2021
October 02, 2021
ANN ARBOR, Michigan, Oct. 2 (TNSRes) -- The University of Michigan issued the following news release:
Although consumer sentiment edged upward in September, the overall gain still meant the continuation of depressed optimism, according to the University of Michigan Surveys of Consumers.
The relapse in consumer confidence was initially sparked by the Delta variant and supported by an upsurge in inflation and unfavorable long-term prospects for the economy, said U-M econo . . .
Although consumer sentiment edged upward in September, the overall gain still meant the continuation of depressed optimism, according to the University of Michigan Surveys of Consumers.
The relapse in consumer confidence was initially sparked by the Delta variant and supported by an upsurge in inflation and unfavorable long-term prospects for the economy, said U-M econo . . .