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

Commentary: 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

Are Americans in a funk? It’s time for 'The Little Engine that Could' - The Iola Register

So where do we stand, America? Optimism or pessimism? 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 ind…