US consumers are feeling the most optimistic since September 2021
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2023-07-14 22:24
Inflation's steady slowdown in recent months has kept Americans feeling optimistic about the future.

Inflation's steady slowdown in recent months has kept Americans feeling optimistic about the future.

Consumer sentiment tracked by the University of Michigan rose 13% in July from the prior month, according to a preliminary reading, reaching its highest level since September 2021. Meanwhile, expectations for inflation rates in the year edged up to 3.4%. Consumers' economic outlook for the year ahead also improved.

This story is developing and will be updated.

Tags epus finance consumer july pre sentiment