Contact: Jon Meerdink ([email protected]) Ann Arbor — Religious communities in Mexico spend surprisingly large shares of their resources on religious festivals—and the timing of those festivals may be hurting the economies of the communities in which they take place. That’s the conclusion of a new paper published by Dean Yang, professor at the University of… Continue reading Religious festivals in Mexico may have an unexpected economic impact
News Tag: Economic Behavior
Sentiment at standstill amid economic uncertainty
Contact: Morgan Sherburne, 734-647-1844, [email protected] Surveys of Consumers, 734-763-5224 ANN ARBOR—Consumer sentiment was essentially unchanged in October, inching up just 1.3 index points above September. Following the notable improvement in August, sentiment remained low by historic standards as consumers continued to voice concerns about inflation. Buying conditions for durables surged 23% on the basis of… Continue reading Sentiment at standstill amid economic uncertainty
Joanne Hsu explores and explains consumer sentiment in ISR Insights talk
Contact: Jon Meerdink ([email protected]) ANN ARBOR — Joanne Hsu, the Director of the Surveys of Consumers, spoke on consumer sentiment and how it can affect the economy in the latest edition of the Insight Speaker Series at the University of Michigan’s Institute for Social Research on Thursday, October 20. Tracking consumer sentiment is a key… Continue reading Joanne Hsu explores and explains consumer sentiment in ISR Insights talk
How investor financial literacy and investor confidence work together to increase stock market participation
Contact: Jon Meerdink ([email protected]) ANN ARBOR — A new paper finds that financial literacy and self-confidence both play significant roles in how people invest their money, affecting both their participation in certain investments and their willingness to invest at all. Set for publication in the November issue of Economic Modeling, the paper used data from… Continue reading How investor financial literacy and investor confidence work together to increase stock market participation
Arthur Lupia to lead Bold Challenges initiative as executive director
Contact: Alex Piazza, [email protected] ANN ARBOR – Arthur Lupia, a political scientist whose federal service spans two U.S. presidential administrations, will become executive director of Bold Challenges, leading collaborative research efforts across the University of Michigan to address societal challenges that intersect equity, health, infrastructure and sustainability. His two-year appointment begins Sept. 1. Bold Challenges,… Continue reading Arthur Lupia to lead Bold Challenges initiative as executive director
ICPSR, Millennium Challenge Corporation launch interactive platform offering access to MCC data
Contact: Sara Srygley, [email protected] ANN ARBOR—The University of Michigan’s Inter-university Consortium for Political and Social Research (ICPSR) has partnered with the Millennium Challenge Corporation (MCC) to develop a new, interactive data platform for sharing MCC’s evaluation catalog of data. The Millennium Challenge Corporation Evidence Platform is now live, offering access to important data on MCC’s… Continue reading ICPSR, Millennium Challenge Corporation launch interactive platform offering access to MCC data
Inflationary concerns outweigh expected income growth
Contact: Morgan Sherburne, 734-647-1844, [email protected] Surveys of Consumers, 734-763-5224 ANN ARBOR—Consumer sentiment continued its downward trend, falling 14.4% in June, according to the University of Michigan Surveys of Consumers. All components of the index fell this month, with the steepest declines in the year-ahead outlook for the economy, down 24% from May, and consumers’ assessments… Continue reading Inflationary concerns outweigh expected income growth
Survey Research Center to partner with Coinbase Institute on cryptocurrency survey
Contact: Jon Meerdink, [email protected] ANN ARBOR – The Survey Research Operations unit (SRO) at the University of Michigan’s Survey Research Center (SRC) is partnering with the newly launched Coinbase Institute for a comprehensive survey on cryptocurrency. Working in conjunction with Vikramaditya S. Khanna, William W. Cook Professor of Law at the University of Michigan Law… Continue reading Survey Research Center to partner with Coinbase Institute on cryptocurrency survey
Pessimism on inflation overshadows optimism on personal finances
Contact: Morgan Sherburne, 734-647-1847, [email protected] Surveys of Consumers, 734-763-5224 ANN ARBOR—After voicing more positive views in April, consumer sentiment fell 10.4% in May, reverting to levels comparable to two months ago, according to the University of Michigan Surveys of Consumers. Most of this decline was concentrated in expectations for the economy, with the year-ahead outlook… Continue reading Pessimism on inflation overshadows optimism on personal finances
U-M Museum of Natural History takes closer look at social, health inequities that fueled pandemic
Contact: Jamie Sherman, [email protected] Lori Dick, [email protected] ANN ARBOR—The University of Michigan Museum of Natural History’s latest exhibit, “Facing the Pandemic,” dissects the disparate impacts of the COVID-19 pandemic on different communities and shares stories of personal experiences from early in the pandemic. Compiling data documenting these disparities and tapping into research on racial and… Continue reading U-M Museum of Natural History takes closer look at social, health inequities that fueled pandemic