US households view higher inflation as threat

19 July 2019

 

US consumer confidence had started 2019 at well above average levels in a longer-term context, although it was markedly lower than the more buoyant readings which typified most of 2018. After rebounding from the falls of January and February, US households have pretty much maintained a historically-high level of confidence. The latest survey conducted by the University of Michigan indicates the average confidence level of US households remain at an...

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