Are Americans in a funk? It’s time for ‘The Little Engine that Could’

With Americans in a funk, it’s time for 'The Little Engine that Could'

The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com. Bruce Yandle is a distinguished adjunct fellow for the Mercatus Center at George Mason University and Tribune News Service columnist. Americans seem to be in a funk, according to the University of Michigan’s September Consumer Sentiment Index. At 71.6 points, the index …

Are Americans in a funk? It’s time for ‘The Little Engine that Could’ - West Hawaii Today

Trust in institutions is declining, expectations for small business outcomes are diminishing and real household incomes are sinking; it is fair to say that Americans seem to be in a funk.

Are Americans in a funk? It’s time for ‘The Little Engine that Could’

Trust in institutions is declining, expectations for small business outcomes are diminishing and real household incomes are sinking; it is fair to say that Americans seem to be in a funk.

Are Americans in a funk? It’s time for ‘The Little Engine that Could’

Trust in institutions is declining, expectations for small business outcomes are diminishing and real household incomes are sinking; it is fair to say that Americans seem to be in a funk. The University of Michigan’s September Consumer Sentiment Index is sitting at 71.6 points, which is well above the June 2022 all-time low of 50 but well below the 101 achieved in February 2020. While the index is mired at pre-pandemic levels, the economy has ma…