Consumer sentiment isn't terrible, and it's not great. And an update Friday to a well-known index showed little change.
FILE - Cashiers process purchases at a Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. showed little change since the start of the year.
Hsu noted that we were coming off a long period of economic growth with low inflation and low interest rates when the pandemic upended everything. Her survey found Americans expect prices to rise by 3.1% in the year ahead, a small tick up from previous expectations and still above the Federal Reserve’s target of 2% annual inflation.
Consumer Sentiment Index Economic Growth Federal Reserve Inflation Pandemic Small Business Optimism Index University Of Michigan
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