How factors from AI to gas prices impact consumer sentiment ahead of the midterm elections

The stock market may be soaring, but many Americans aren’t celebrating. As the country heads toward another midterm election, a University of Michigan expert says that while investors are benefiting from record stock prices fueled in part by artificial intelligence, many households remain focused on a different reality: the rising cost of groceries, housing and gas.

Joanne Hsu, director of U-M’s Survey of Consumers, explains why Americans are experiencing the same economy in very different ways—and what those perceptions could mean as voters prepare to head to the polls.

learn more:
https://news.umich.edu/what-americans-are-telling-economists-about-ai-inflation-and-the-economy/