Inflationary Concerns Outweigh Expected Income Growth

June 24, 2022

 • 

Read time:

<5 mins
AEG Wordpress Images Web 1200x700 0169 Business LibraryEntry3 (12)

Joanne Hsu, a U-M economist and director of the Surveys of Consumers discusses how consumer sentiment continued its downward trend, declining nearly 15% in June. Hsu notes that all index components fell, but the most significant declines concerned the overall economy and consumers’ financial situations. Consumer sentiment has reached an all-time low as many are worried about inflation.

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.