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Consumers Don't See Bright Future, Says UMich Survey Director
Bloomberg Televisionยท2025-08-15 16:33

It does look like it's getting worse. The picture is getting worse, both in terms of confidence and in terms of inflation expectations. Am I reading that correctly.That's right. Overall, consumer views have worsened over the last month and have partially reversed some of the improvements that we had seen in June and July. Overall, consumers are seeing a worsening outlook for unemployment, for inflation.A lot of this is being driven by what they're seeing around them in terms of high prices right now. We had ...