Americans are starting to feel better about the economy and inflation
Recent surveys have found that Americans are starting to feel more positively about the economy and inflation. A poll by the University of Michigan revealed that consumer sentiment around economic growth and wages reached its highest level since August 2018. The bipartisan survey also found that confidence about inflation, fuel prices, and energy costs held steady at higher than normal levels. This increase in consumer sentiment is likely driven by encouraging labor market figures, a growing consumer base, and stock market performance. Overall, these indicators suggest that Americans are feeling more confident about the economic future.