U.S. Consumer Sentiment Waned in Early January on Omicron, Inflation Fears

Capt. John

Sentiment among U.S. consumers worsened in early January as the surge in Covid-19 cases due to the Omicron variant and high inflation dampened Americans’ mood. The preliminary estimate of the index of consumer sentiment released Friday by the University of Michigan decreased to 68.8 in January from 70.6 in December, missing the 70.0 forecast from …

The post U.S. Consumer Sentiment Waned in Early January on Omicron, Inflation Fears first appeared on Hellenic Shipping News Worldwide.

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https://www.hellenicshippingnews.com/u-s-consumer-sentiment-waned-in-early-january-on-omicron-inflation-fears/

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