University of Michigan: Less Buying Power, Elevated Inflation Push Down Consumer Views
August 29, 2026
August 29, 2026
ANN ARBOR, Michigan, Aug. 29 -- The University of Michigan issued the following news:
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Less buying power, elevated inflation push down consumer views
Consumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future, according to the University of Michigan Surveys of Consumers.
Sentiment declines in August were seen for all politica . . .
* * *
Less buying power, elevated inflation push down consumer views
Consumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future, according to the University of Michigan Surveys of Consumers.
Sentiment declines in August were seen for all politica . . .