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Consumers Show Signs of Uncertainty Amid High Inflation

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The consumer sentiment index rose slightly in early September but is well down from a year earlier, the University of Michigan said

The consumer-sentiment index and the consumer-confidence index both try to measure the same thing: consumers’ feelings. WSJ explains why the Federal Reserve is keeping a close eye on consumer confidence in 2022. Illustration: Adele MorganU.S. consumer sentiment ticked up in early September from historically low levels as Americans felt slightly better about the economy while expressing uncertainty about the future.

The consumer sentiment index, a reflection of consumer attitudes on the state of the economy, rose slightly in early September but is well down from a year earlier, the University of Michigan said Friday. Sentiment has gradually improved after hitting a record low in June.

 

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