Consumer Gloom Over the Economy Deepens

Chris Rupkey, chief economist at fwdbonds, said, “Consumer spending has rebounded somewhat in the third quarter, but that recovery from a dismal first half of the year will not hold if diminished ... Read More

Consumer sentiment worsens as some economists warn of 'stagflation'

Consumer sentiment dampened in September, extending a decline from the previous month as government data showed a hiring slowdown alongside an uptick of inflation, prompting concern about an economic ... Read More

US consumer sentiment slips again in September, University of Michigan survey says

U.S. consumer sentiment fell for a second straight month in September as consumers saw rising risks to business conditions, the labor market and inflation. Read More

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment

As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials. Look up the term “recession specials” through Google’s search ... Read More

Consumer sentiment falls to lowest level since May amid job market concerns

Consumer sentiment is now down 21% from a year ago, according to the latest reading. September marked the lowest reading since May. Read More

Consumer sentiment hits rougher patch in August amid renewed focus on tariffs

(TNND) — A rebound in consumer sentiment stalled out this month, a long-running survey from the University of Michigan showed Friday. The university’s consumer sentiment index ticked down 5% month ... Read More

Australian Dollar steadies due to risk-on mood, Michigan Consumer Sentiment data eyed

Traders await the release of the Michigan Consumer Sentiment Index for September, scheduled for Friday. Read More

South Korea's growth to rebound to 1.9%, nearing potential rate

The South Korean economy is expected to show a recovery approaching its potential growth rate level next year. The economic growth rate, projected to remain at 1% this year, is anticipated to ... Read More

China’s NBS: Economic operation generally steady in August, facing many uncertainties

Following the publication of the high-impact China’s Gross Domestic Product (GDP) and activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press ... Read More