University of Michigan: Weakening Outlook Due to High Prices, Not Banking Turbulence
April 01, 2023
April 01, 2023
ANN ARBOR, Michigan, April 1 (TNSres) -- The University of Michigan issued the following news release:
Consumer sentiment fell for the first time in four months in the wake of a 13% decline in consumers' outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers.
Declines in sentiment were visible across age, education and income. Due to continued pressure from high prices, consumer sentiment experienced downward momen . . .
Consumer sentiment fell for the first time in four months in the wake of a 13% decline in consumers' outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers.
Declines in sentiment were visible across age, education and income. Due to continued pressure from high prices, consumer sentiment experienced downward momen . . .