Decline in Consumer Confidence Nuggets Across U.S.
AP report notes a sharp drop in consumer optimism per University of Michigan SRC surveys. Inflation fears rise as unemployment outlook worsens while some households boost savings. Sindlinger finds hoarding gasoline and big-ticket purchases surge amid price expectations.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Nixon
Survey Research Center
University of Michigan
SEC
Albert Sindlinger
Sindlinger & Co
Sindlinger
SRC
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