Strikes and resulting gas price hikes are affecting consumer sentiment data, according to commentary from the Director of Surveys of Consumers.
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What happened
Strikes and resulting gas price hikes are affecting consumer sentiment data, according to commentary from the Director of Surveys of Consumers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.High gas prices are specifically cited as the cause of declining consumer sentiment in recent surveys.1 source
Gas price hikes and strikes are impacting consumer sentiment data.1 source
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The entities involved
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University of Michigan
public research university in Ann Arbor, Michigan
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Joanne Hsu
American economist
Related events
- Goldman Sachs and the University of Michigan are jointly analyzing the various factors that influence consumer sentiment within the United States.
- At the Jackson Hole conference, discussions are linking consumer sentiment shifts, driven by the Middle East conflict, to global market stability and oil price trends.