By
Washington
CNN
—
Americans are feeling a greater sense of optimism about the US economy this month, thanks to slower inflation. Voters also see a greater likelihood that Vice President Kamala Harris will defeat former President Donald Trump in the upcoming November election.
The University of Michigan’s latest consumer survey, released Friday, showed that Americans’ attitudes toward the economy improved notably this month, rising 2% from August, according to a preliminary reading. That broke a monthslong spell of consumer sentiment mostly holding steady, aside from a modest increase last month. Sentiment is now 40% higher than the record low reached in June 2022, when inflation was running red hot, but it still remains below pre-pandemic levels.
“Consumer sentiment rose to its highest reading since May 2024, increasing for the second consecutive month and lifting about 2% above August,” Joanne Hsu, directo …
See the entire article on inflation, or, read more Arizona real estate investing news. It’s your call!
