U-M Surveys Of Consumers: Easing Inflation Pressures Lift Sentiment
December 24, 2022
December 24, 2022
ANN ARBOR, Michigan, Dec. 24 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment rose 5%, recovering the declines from November, according to the University of Michigan Surveys of Consumers.
Sentiment remains relatively downbeat, however--remaining 15% below a year ago--but consumers' extremely negative attitudes have softened this month over easing pressures from inflation, said U-M economist Joanne Hsu, director of the sur . . .
Consumer sentiment rose 5%, recovering the declines from November, according to the University of Michigan Surveys of Consumers.
Sentiment remains relatively downbeat, however--remaining 15% below a year ago--but consumers' extremely negative attitudes have softened this month over easing pressures from inflation, said U-M economist Joanne Hsu, director of the sur . . .