“Consumer sentiment rose to its highest reading since May 2024, increasing for the second consecutive month and lifting about 2 percent above August. The gain was led by an improvement in buying conditions for durables, driven by more favorable prices as perceived by consumers.”

Joanne Tsu, director of the University of Michigan’s Surveys of Consumers, commented on the university’s latest consumer survey that showed Americans’ attitudes toward the economy improved notably this month, rising 2 percent from August. Read the CNN article, “Slower Inflation Is Boosting Americans’ Attitudes Toward the Economy.”