US household sentiment improves for third consecutive month

10 February 2023

 

Summary: University of Michigan consumer confidence index improves again, above expectations; views of present conditions improve, future conditions deteriorates; high prices continue to weigh on consumers; helped by higher stock prices. US consumer confidence started 2020 at an elevated level but, after a few months, surveys began to reflect a growing unease with the global spread of COVID-19 and its reach into the US. Household confidence plunged in April 2020...

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