Consumer sentiment reached a new pandemic high this week as Americans shook off inflation pressure, pushing ratings of the national economy and the buying climate to their best in nearly 15 months. Expectations are up as well: Nearly four in 10 say the economy is getting better, the most since December 2019.
At 56.2 on its 0-100 scale, the weekly Consumer Comfort Index has fully rebounded from a late May dip, possibly linked to spiking gasoline prices and supply bottlenecks. It’s up 2.4 points in three weeks to its best since late March 2020. CONTINUED — pdf
Langer Research Associates
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