ANN ARBOR—Consumer sentiment sank further in late July due to the continued resurgence of the coronavirus, according to the University of Michigan Surveys of Consumers. In the last four months, the Sentiment Index has remained trendless, averaging a decline of 25% from the same period in 2019. The Expectations Index fell back to a six-year… Continue reading Consumers need renewal of federal aid
News Tag: Economic Behavior
The New Political Economy: Faculty Commentary with Richard Curtin
ANN ARBOR – Partisanship has always had an impact on how consumers evaluated proposed economic policies put forward in presidential elections, with those evaluations often based on how their own financial prospects as well as the economy as a whole would be affected. Indeed, politics and economics were so intertwined through most of recorded human… Continue reading The New Political Economy: Faculty Commentary with Richard Curtin