Braking Down The News

Consumers Show Signs of Uncertainty Amid High Inflation

Surveys of households and business leaders point to lukewarm U.S. economy


U.S. consumer sentiment ticked up in early September from historically low levels as Americans felt slightly better about the economy while expressing uncertainty about the future.

The consumer sentiment index, a reflection of consumer attitudes on the state of the economy, rose slightly in early September but is well down from a year earlier, the University of Michigan said Friday. Sentiment has gradually improved after hitting a record low in June.


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