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Depressed Democrats Drag UMich Consumer Sentiment Survey To 8-Month-Lows

Tyler Durden's Photo
by Tyler Durden
Friday, Jul 26, 2024 - 02:09 PM

UMich Consumer Sentiment slumped further in July with Current Conditions plunging to their weakest since Dec 2022...

Source: Bloomberg

Confidence among Republicans picked up modestly while Democrats' sentiment slumped to its lowest since 2023...

Source: Bloomberg

Buying-Conditions crashed for everything...

Source: Bloomberg

On the bright side, inflation expectations continue to stabilize...

Source: Bloomberg

Surveys of Consumers Director Joanne Hsu noted that "continued election uncertainty is likely to generate volatility in economic attitudes in the months ahead."

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