Sentiment Up for the First Time This Year, Consumers Remain Guarded

Consumer sentiment is up for the first time in six months, but optimism about the economy still has a long way to go. While some of the worst fears haven’t materialized, worries about inflation and a weakening job market remain. In this article from the Institute for Social Research, Joanne Hsu, director of U-M’s Survey of Consumers, discusses the latest shifts in consumer sentiment and what they mean for the economy.