USA Today reports that the American middle class is worried about the economy. According the University of Michigan’s Surveys of Consumers, consumer sentiment has dropped from 70.1 last year to 55.4 in September. Joanne Hsu says this anxiety is “particularly strong among lower- and middle-income consumers.”
News Tag: Consumer Sentiment
Consumers aren’t seeing any relief ahead for high prices, says U of M’s Joanne Hsu
Surveys of Consumers’ director, Joanne Hsu, joined the CNBC Power Lunch to discuss the latest consumer sentiment numbers and the impact of tariffs on how consumers feel about their personal finances.