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Personal Finances Improve While Economic Outlook Darkens

November 22, 2023

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Read time:

<5 mins
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Worried about inflation? You’re not alone. The University of Michigan Surveys of Consumers’ November report shows that consumers lack confidence in the economy, given high interest rates, ongoing wars in Gaza and Ukraine, and election uncertainty. Chief economist Joanne Hsu, director of the surveys, comments on the results in this article from the Institute for Social Research.

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