Consumers haven’t felt this bad about the economy since November

CNN — New York (CNN) — Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released ... Read More

Americans are feeling a lot worse about the state of the economy

Americans are downbeat on the economy, according to preliminary data released by the University of Michigan’s Consumer Sentiment Index. Read More

American consumers are getting nervous about inflation again. For now, they’re still spending

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ... Read More

Consumers are feeling pessimistic about this economy. But don't expect them to stop spending.

Consumers, as we say all the time on this program, drive this economy. Their spending accounts for around 70% of GDP. And right now, they are not feeling great about this economy. On Tuesday, the ... Read More