US consumer sentiment hits a high since April, improving across political lines but diverging in policy views.
US consumer sentiment reached its highest point since April 2024, rising for the fifth consecutive month to 74.0 on the Consumer Sentiment Index. While all political groups show improved optimism, Republicans are more upbeat about Trump's policies, whereas Democrats are less optimistic. Despite a more favorable view of the economy compared to two years ago, high prices and potential tariff hikes remain key concerns. Buying conditions for durable goods improved as consumers anticipate future price hikes.
4 months ago
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