WASHINGTON (AP) — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, slipped to 77.9 this month, down from March’s figure of 79.4. Sentiment is about halfway between its all-time low, reached in June 2022 when inflation peaked, and its pre-pandemic averages. The survey has been conducted since 1980. “Consumers are reserving judgment about the economy in light of the upcoming election, which, in the view of many consumers, could have a substantial impact on the trajectory of the economy,” said Joanne Hsu, director of the consumer survey. The index had dropped to 61.3 as recently as November before jumping in the following two months by the most in more than three decades. It has since moved mostly sideways. |
Bizarre $1,000 ballet flat sneakers take the fashion world by stormQueen Letizia of Spain, Queen Maxima and Crown Princess Amalia of The Netherlands colour coBiden endorses House aid package for Israel, UkraineInside Emma Roberts' $3.6M 'grownMan arrested after authorities say he threw pipe bomb at Satanic TempleFree Cone Day is back at Ben & Jerry'sCoffee in North Korea: It’s not just for capitalists anymore — Radio Free AsiaUS says China is funding America’s fentanyl crisis — Radio Free AsiaLebanon says Israeli agents likely killed HezbollahQueen Letizia of Spain, Queen Maxima and Crown Princess Amalia of The Netherlands colour co