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...“Consumer views were supported by confidence that inflation has turned a corner and strengthening income expectations,” said the university’s consumer surveys director Joanne Hsu....
...The rise erased all declines from the previous four months “primarily on the basis of improvements in the expected trajectory of inflation,” UMich’s survey of consumers director Joanne Hsu said....
...and long-run expectations for economic conditions improved modestly this month, though on net consumers remain relatively tentative about the trajectory of the economy,” said director of consumer surveys Joanne...
...distribution of age, education, income, geography, and political affiliation, showing that the recent improvements in sentiment were tentative”, said University of Michigan director of consumer surveys Joanne...
...report also showed the university’s index tracking consumer sentiment ticked up to 59.8 in a preliminary October reading, “essentially unchanged” from 58.6 last month, according to consumer surveys director Joanne...
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