University of Michigan: Sentiment At Standstill Amid Economic Uncertainty
October 29, 2022
October 29, 2022
ANN ARBOR, Michigan, Oct. 29 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment was essentially unchanged in October, inching up just 1.3 index points above September.
Following the notable improvement in August, sentiment remained low by historic standards as consumers continued to voice concerns about inflation. Buying conditions for durables surged 23% on the basis of easing prices and supply constraints. However, year-ahead . . .
Consumer sentiment was essentially unchanged in October, inching up just 1.3 index points above September.
Following the notable improvement in August, sentiment remained low by historic standards as consumers continued to voice concerns about inflation. Buying conditions for durables surged 23% on the basis of easing prices and supply constraints. However, year-ahead . . .