Three Must-See Charts on U.S. Consumer Sentiment

The video discusses how consumers have used gas price savings to reduce debt, as shown by the Michigan survey. It highlights the impact of low interest rates on consumer spending, particularly in purchasing vehicles and durable goods. The video also examines consumer inflation expectations, noting a shift towards lower long-term inflation predictions, which is favorable for the Fed and consumer spending.

In what ways have gas prices influenced consumer behavior and spending?

What role does wage growth play in consumer inflation expectations?