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Consumer sentiment strong thanks to middle- and lower-income households; shopping for discounts dominates purchase plans
[ 25 Nov 2015 ]
ANN ARBOR—The continued strength in consumer sentiment during the past two months has been due to gains among middle- and lower-income households, while confidence retreated among households with incomes in the upper third of the distribution, according to the University…
[ 23 Nov 2015 ]
ANN ARBOR—Consumer spending will advance by nearly 3 percent during 2016, according to economist Richard Curtin, director of the University of Michigan Surveys of Consumers. Curtin presented his annual forecast of consumer spending on November 19 at the annual U-M…