ANN ARBOR—Consumer sentiment was virtually unchanged in February, slipping just two index points and solidifying the large gains from December and January, according to the University of Michigan Surveys of Consumers. Consumers continue to express more confidence about the economy than they did last fall, confirming the considerable improvements in December and January across various… Continue reading Consumer sentiment solidifies sharp gains

ANN ARBOR—Consumer attitudes and expectations are harshly divided along partisan lines, and the divide is wide enough to generate substantial economic uncertainty, according to a special report released by the University of Michigan. Joanne Hsu, director of U-M’s Surveys of Consumers, and the surveys research team investigated how partisan differences have evolved through the post-COVID… Continue reading Partisan attitudes toward economy creates ‘substantial economic uncertainty’

ANN ARBOR—Consumer sentiment soared 13% in January to reach its highest level since July 2021—continuing the sharp increase seen in December—primarily on the basis of an improving outlook over inflation and personal incomes, according to the University of Michigan Surveys of Consumers. Over the last two months, sentiment has climbed a cumulative 29%, the largest… Continue reading Consumer sentiment climbs amid split views on business outlook