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U.S. consumer sentiment inches higher in July, but remains historically low
Consumers are feeling better about the economy... but not as good as last year.
According a new report from the University of Michigan, consumer sentiment went up 2% in July last month, but remains 17% lower than lower than December 2024.
Consumers who hold stocks are feeling the most confident about the economy, but 57% are still worried about tariffs.
WWJ's Luke Sloan was joined live by U-M economist Joanne Hsu to talk more about it.
(Photo: Getty Images)
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By AudacyConsumers are feeling better about the economy... but not as good as last year.
According a new report from the University of Michigan, consumer sentiment went up 2% in July last month, but remains 17% lower than lower than December 2024.
Consumers who hold stocks are feeling the most confident about the economy, but 57% are still worried about tariffs.
WWJ's Luke Sloan was joined live by U-M economist Joanne Hsu to talk more about it.
(Photo: Getty Images)