The University of Michigan’s Consumer Sentiment Index reached a milestone in the preliminary June reading, dropping 14% from the final May level and reaching its lowest recorded level in the index’s 76-year history: 50.2. The next closest reading was during the 1980 “interest-rate” recession. Almost all the gloom comes from consumer perceptions of inflation and…
You may also like
Consumer Confidence Measures Plunged Again Early...
Wholesale Food Prices Ticked Back Up In October
Retail Foodservice Sales, After Months Of Stagnation...
E&S People News: TriMark Promotes Hardt, Krowne...
Freight And Logistics Measures Continue To Trend...
US Gasoline Prices Have Dropped Below Their Late...
About the author
