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Reply to "All the Trump/Vance/MAGA LOSSES -- another BIGLY thread"
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[quote=Anonymous]Unconvinced by Trump's insistence that he will usher in an economic Golden Age, consumers indicated their fears about impeding inflation. [b]U.S. consumer sentiment softened in August as households anticipated higher goods prices because of import tariffs.[/b] The University of Michigan's Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 58.6 this month from a final reading of 61.7 in July. Economists polled by Reuters had forecast the index would increase to 62.0. "This deterioration largely stems from rising worries about inflation," Joanne Hsu, the director of the Surveys of Consumers, said in a statement.[/quote]
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