Consumers Adjust to Inflation as Labor Market Expectations Worsen

July 29, 2022

 • 

Read time:

<5 mins
AEG Wordpress Images Web 1200x700 0168 Business LibraryEntry4 (11)

Joanne Hsu, a U-M economist and director of the surveys, discusses how consumer sentiment was unchanged from June, although buying conditions concerning durables increased. Hsu notes that consumers are altering their spending habits to cope with the high prices, but there are emerging concerns regarding unemployment. The faculty expert further highlights consumers’ negative views on personal finances, labor markets, and more.

More from the Alumni Education Gateway
Join the Alumni Education Gateway Email List​
We use cookies to ensure you get the best experience on our website. By using this site, you accept our use of cookies.