University of Michigan

U. Mich. Consumer Index Slips Amid Unexpected Frustration Over High Prices
U. Mich. Consumer Index Slips Amid Unexpected Frustration Over High Prices
October 11, 2024  |  Economy

Consumer sentiment inched down in early October amid continued frustration over the prices of goods and services. While it dipped a “meager” 1.7% or 1.2...

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U Mich Survey Shows 40% Consumer Sentiment Uptick Since June 2022
U Mich Survey Shows 40% Consumer Sentiment Uptick Since June 2022
September 13, 2024  |  Economy

There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. But while the University of Michigan’s preliminary reading for...

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U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
August 16, 2024  |  Economy

Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging...

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Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
August 16, 2024  |  Economy

Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023....

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Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
July 26, 2024  |  Economy

The bifurcation in consumer spending — between higher-income and lower-income individuals and households — looks set to widen. And in the meantime, as detailed in...

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Consumer Sentiment on Personal Finances Dips Due to Inflation
Consumer Sentiment on Personal Finances Dips Due to Inflation
June 14, 2024  |  Consumer Insights

In 2024, a few key concerns bubble consistently to the top of the list for the paycheck-to-paycheck economy. The PYMNTS Intelligence report “New Reality Check:...

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From Tutoring to Test Reminders, Virtual Assistants Hit the Classroom
From Tutoring to Test Reminders, Virtual Assistants Hit the Classroom
April 09, 2024  |  artificial intelligence

Virtual assistants have become a hot topic, with Bank of America recently revealing that its virtual financial assistant, Erica, is now engaging with clients 2...

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Stubborn Inflation Weighs on Consumer Attitudes and Spending
Stubborn Inflation Weighs on Consumer Attitudes and Spending
March 15, 2024  |  Economy

Call it status quo — and maybe a sense of ennui? The latest, preliminary readings of consumer sentiment for the month of March, issued Friday...

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Why Improved Consumer Sentiment May Not Translate Into Increased Spending
Why Improved Consumer Sentiment May Not Translate Into Increased Spending
February 05, 2024  |  Economy

The more sanguine consumers feel about the state of the world — particularly about the state of inflation — the more apt they are to...

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