Consumer sentiment rises as labor market perceptions improve
October 25, 2024
October 25, 2024
ANN ARBOR, Michigan, Oct. 25 -- The University of Michigan issued the following news:
Consumer sentiment lifted for the third consecutive month, inching up to its highest reading since April 2024, according to the University of Michigan's Survey of Consumers.
Sentiment is now more than 40% above the June 2022 trough.
Joanne Hsu
This month's increase was primarily due to modest improvements in buying conditions for durables, in part due to easin . . .
Consumer sentiment lifted for the third consecutive month, inching up to its highest reading since April 2024, according to the University of Michigan's Survey of Consumers.
Sentiment is now more than 40% above the June 2022 trough.
Joanne Hsu
This month's increase was primarily due to modest improvements in buying conditions for durables, in part due to easin . . .