Surge in Expectations Drives Gain in US Consumer Sentiment

Surge in Expectations Drives Gain in US Consumer Sentiment

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Surge in Expectations Drives Gain in US Consumer Sentiment

“The precautionary mood of consumers had required price discounts and low-interest rates to offset their economic uncertainties, now consumers are more likely to base their spending decisions on a renewed confidence in their jobs and incomes,” said Richard Curtin, director of the University of Michigan consumer survey.



Original: http://www.industryweek.com/economy/surge-expectations-drives-gain-us-consumer-sentiment
By: Daniel Flatley
Posted: August 18, 2017, 9:40 pm

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