Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
6 Articles
6 Articles
(New York = Yonhap News) Correspondent Lim Soo-jung = Unlike the relatively robust trend of major U.S. macroeconomic indicators, economic sentiment indicators are expected to reach a record low this year...
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
Goldman economist Joseph Briggs said broader pessimism in society may be contributing to struggling consumer sentiment even as the economy chugs along.
Goldman Sachs identified a possible culprit for the very low levels of consumer confidence: decline in happiness, [...]
Illustrative image Photo: PexelsGoldman points to a fall in happiness and confidence as a reason for the weak feeling of the consumer
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