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Americans starting to feel better about economy, Consumer Sentiment Index shows

Posted

July 17, 2023

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The University of Michigan's Consumer Sentiment Index rose to 72.6 in July. That's the highest it's been since September 2021. The so-called "misery index," however, which uses jobless numbers and inflation to measure economic distress, is currently at 6.7%, worse than it was just before the pandemic. Courtenay Brown, an economics reporter at Axios, joins us with more.

#news #economy #finance

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Americans starting to feel better about economy, Consumer Sentiment Index shows · CBS News · Sentinel