A Drop in Consumer Sentiment: Economic Consequences and Policy Impacts
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A Drop in Consumer Sentiment: Economic Consequences and Policy Impacts

Executive Summary The Council of Economic Advisers (CEA) Chair Stephen Miran stated on March 25th he does not believe there is a strong relationship between consumer sentiment and consumer spending in recent years.  Miran says this after a 9.76 percent decrease in consumer sentiment from February to March, marking the largest drop since January 2021, … Continue reading →