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US consumer sentiment highest since February on brief oil price dip
US consumer sentiment saw a temporary boost from lower oil prices in July. This positive trend may reverse as Middle East hostilities have resumed. Fighting has caused oil prices to rise again, impacting consumer outlook. Gasoline prices remain significantly higher than last year, affecting the economy. Consumers express frustration with persistently high prices and economic conditions.
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zerohedge.com
UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease
This month’s rise in sentiment was pervasive across the population, seen across groups by age, income, wealth, and political party...
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cnn.com
Consumer sentiment surges due to lower gas prices | CNN Business
Lower gas prices helped Americans feel more optimistic about the economy early this month, though that relief might be short lived if the conflict in the Middle East continues to…
