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Americans still feel bad about the economy. When will it get better?
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- American consumers have been pessimistic for so long that now economists are wondering when — or even if — households will ever feel financially better off.
- The University of Michigan Surveys of Consumers, a closely-watched bellwether, hit all-time lows in May, according to a preliminary reading released last week.
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American consumers have been pessimistic for so long that now economists are wondering when — or even if — households will ever feel financially better off.
The University of Michigan Surveys of Consumers, a closely-watched bellwether, hit all-time lows in May, according to a preliminary reading released last week. That is just one of several consumer opinion surveys showing Americans have never regained confidence in the U.S. economy since the Covid-19 pandemic struck more than six years ago.
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