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Americans are feeling much better about the economy thanks to slowing inflation - WICZ

From wicz.com

Americans’ attitudes on the economy are improving substantially as inflation slows. The University of Michigan’s latest consumer survey showed that consumer sentiment improved this month, soaring 13% from December, according to a preliminary reading released Friday. Sentiment reached its highest level since July 2021. “Consumer views were supported by confidence that inflation has turned a corner and strengthening income expectations,” Joanne Hsu, the university’s surveys of consumers director, said in a release. “Over the last two months, sentiment has climbed a cumulative 29%, the largest two-month increase since ... (full story)

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