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Consumers Wary About High Prices and Economy, UMich's Hsu Says
01 THE MACHINE READ
WHY IT MATTERS.
Weak consumer sentiment and price stress can foreshadow softer spending, a drag on consumption-driven earnings.
Consumer outlook deteriorates on persistent price pressure
Next UMich sentiment and retail sales prints
Sentiment surveys can diverge from actual spending
FULL DISPATCH
University of Michigan Surveys of Consumers Director Joanne Hsu says US consumers have been "loud and clear" about their struggles with higher prices and their outlook for the economy has declined since the beginning of the year. She speaks on "Bloomberg Open Interest." -------- More on Bloomberg
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
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