The Consumer sentiment long-term trend is up.
The consumer sentiment index, the CSI, which fell to its lowest level ever in June of 2022, has been slowly trending up, according to the University of Michigan, which released its September results. Surprisingly, the CSI should have risen rapidly instead of barely inching up, considering the strong GDP growth, low unemployment rates and falling inflation rate.
Click here for the latest Lehigh Valley Economic Review.
Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 10/4/24)
