ANN ARBOR, MI (WTVB) – Consumer sentiment is improving for the second straight month. The University of Michigan’s early reading for January edged up to reach its highest level since September.
Survey officials say consumers see signs of modest improvement in the economy, although sentiment remains nearly 25 percent below last January.
High prices and other pocketbook issues top the list of concerns for many consumers. Meanwhile year-ahead inflation expectations held steady at four-point-two percent.
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