Joanne Hsu, Director of the Surveys of Consumers and Research Associate Professor at the University of Michigan, discusses how U.S. consumer sentiment remains low in July 2025 due to widespread fears of trade tariffs reigniting inflation and weakening labor markets, despite a slight recent uptick, and explains the survey's role as a forward-looking economic indicator.*This video was recorded on July 25, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW JOANNE HSU:University of Michigan "Surveys of Consumers": https://www.sca.isr.umich.edu/Contact: umsurvey@umich.eduFaculty website: https://isr.umich.edu/about/faculty-profiles/joanne-hsu/FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.1:05 - How are consumers feeling about the economy?2:13 - What factors change sentiment?5:44 - Correlation with economic growth8:10 - Predictive power of Consumer Sentiment10:06 - Divergences of sentiment12:11 - Labor market stress13:52 - Trade policy sentiment16:15 - What improves sentiment?17:19 - How to interpret the Index of Consumer Sentiment19:21 - Sampling22:20 - Jerome Powell23:46 - How did the Surveys come about and their impact26:23 - Partisan?#economy #consumer #tariffs
