Economy News Consumers See Worsening Economy, Higher Inflation
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Consumer sentiment sours as government shutdown threatens economic damage
Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in inflation and a sharp slowdown of hiring, fresh data on Friday showed. The ... Read More
You may feel stressed about money, but the big banks say you’re not acting like it
JPMorgan’s CFO says while there’s a lot of uncertainty and the economy has slowed, ‘the facts say’ consumers and the economy are just fine ... Read More
Government shutdown hasn’t left consumers glum about the economy – for now, at least
The ongoing federal shutdown has resulted in a pause on regular government data releases, meaning economic data has been in short supply of late. That has left market-watchers and monetary ... Read More
Americans are feeling a lot worse about the state of the economy

(CNN) — American consumers are downbeat about the economy, according to preliminary results of a monthly survey conducted by the University of Michigan. The index measuring consumer sentiment fell ... Read More
Consumers See Little Improvement Ahead on Inflation, Softening Job Market
Consumer sentiment changed little in October as Americans grapple with a softer labor market and high prices, although their assessment of future inflation improved slightly. Read More
The Economy's Data Blackout Is About To Get Worse
The government shutdown makes it harder to gauge how the economy is doing, and the problem is likely to worsen the longer the shutdown continues—especially when it comes to inflation. Read More
U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says
Findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election. Read More
Zombie economy may be America’s future

Over the next decade, the U.S. economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level. Read More
Stubborn inflation inches higher, despite Trump’s false claims about the economy

On Wednesday morning, Donald Trump used his social media platform to share some good economic news with the public. “Just out: No Inflation!!!” the president wrote. The claim was false but familiar. Read More
Unemployment, inflation and GDP growth will be worse this year than projected, budget office says

Scott Applewhite) Add AP News to Google Add AP News as your preferred source to see more of our ... show the unemployment rate, inflation and overall growth are expected to be worse this year than ... Read More
Consumer confidence in economy falls to lowest point this year
The number of people feeling that the economy is worsening has increased to 62%, up from 43% at the start of the year, KPMG found. Read More
Prices hotter than expected, economy in 'precarious position' with jobs also cooling

(TNND) — The rate of inflation accelerated last month as the baseline inflation measure inched closer to the 3% mark, which it hadn't reached since the start of the year. So-called core inflation, ... Read More
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