Depressed Democrats Drag UMich Consumer Sentiment Survey To 8-Month-Lows
UMich Consumer Sentiment slumped further in July with Current Conditions plunging to their weakest since Dec 2022…
Source: Bloomberg
Confidence among Republicans picked up modestly while Democrats’ sentiment slumped to its lowest since 2023…
Source: Bloomberg
Buying-Conditions crashed for everything…
Source: Bloomberg
On the bright side, inflation expectations continue to stabilize…
Source: Bloomberg
Surveys of Consumers Director Joanne Hsu noted that „continued election uncertainty is likely to generate volatility in economic attitudes in the months ahead.”
Tyler Durden
Fri, 07/26/2024 – 10:09
