What UMich's Latest Survey Says About Consumers, Economy

The video discusses the recent trends in consumer sentiment, highlighting a positive shift due to slowing inflation and strong labor markets. It examines the impact of stock market performance and oil prices on consumer confidence, noting disparities between higher and lower income groups. The discussion also covers inflation expectations, labor market trends, and interest rate forecasts, emphasizing the resilience of consumer confidence despite potential economic uncertainties.

How might rising oil prices affect consumer sentiment and spending?

What are the potential implications of sustained interest rate increases on consumer confidence?

What is the 'wild card' that could affect consumer confidence moving forward?