The “Vibecession” Comes to an End: Americans Feeling Optimistic About the Economy

In recent days, Americans have been celebrating the end of the “vibecession” as consumer sentiment has experienced a significant jump. The University of Michigan’s consumer sentiment index has seen a 29% increase, the largest two-month gain in over 30 years. The positive shift in consumer outlook can be attributed to several factors, including a decrease in inflation and an improvement in personal finances. While the economy’s actual data may not have changed dramatically, the change in vibes is evident.