US Consumer Sentiment Drops Again On Inflation ‘Objections’
Consumer sentiment in America "remains stubbornly subdued."
That's how survey director Joanne Hsu described another lackluster read on the University of Michigan index, which printed 66 in the preliminary temperature check for this month.
If it stands -- which is to say if it isn't revised meaningfully higher in two weeks like three of the last four initial results -- it'd be the worst read on the marquee gauge of consumer sentiment since November.
For whatever it's worth (nothing -- consen
Given all the problems with survey polling that have been revealed since the 2016 polling massacre and the issues discussed in the comment section of your other article regarding the dissonance in survey responses it is really beyond me, other than grasping vainly at things to do, why the sentiment surveys exist or are taken seriously.