U-M Surveys Reveals Five Patterns In Consumer Responses To Inflation
November 23, 2022
November 23, 2022
ANN ARBOR, Michigan, Nov. 23 (TNSres) -- The University of Michigan issued the following news release:
People are scaling back their spending habits and changing attitudes toward saving and borrowing after a year and a half of high inflation, according to a special report from the University of Michigan's Surveys of Consumers.
Consumers reported an all-time low of consumer sentiment this summer. By October 2022, year-ahead inflation expectations were 5% and long-ru . . .
People are scaling back their spending habits and changing attitudes toward saving and borrowing after a year and a half of high inflation, according to a special report from the University of Michigan's Surveys of Consumers.
Consumers reported an all-time low of consumer sentiment this summer. By October 2022, year-ahead inflation expectations were 5% and long-ru . . .