Economy News Us Economy News Today Consumer Sentiment Drops To Lowest Reading In Five Months
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US Consumer Sentiment Falls To Historic Low: Economic Anxiety Deepens Amid Affordability Crisis, Labor Market Strain
U.S. consumer sentiment has plummeted to its lowest level on record as the affordability crisis continues to weigh on wallets, while the cooling job market deepens economic anxieties. Read More
Consumer confidence continues to fade despite heady economic growth
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said. Read More
US consumer confidence drops for fifth straight month
US consumer confidence declined in December for a fifth consecutive month on more pessimistic views of the labor market and business conditions.The Conference Board’s gauge decreased to 89.1 from 92.9 ... Read More
Shoppers are powering the economy even as they balk at prices
An acceleration of consumer spending helped propel the economic surge, the agency said. Consumer spending accounts for about two-thirds of U.S. economic activity. Shoppers opened up their wallets for ... Read More
US Consumer Sentiment Has Fallen 30% Since Last December
Then there’s the worse news: “ Sentiment remains nearly 30% below December 2024, as pocketbook issues continue to dominate consumer views of the economy,” Joanne Hsu, director of the survey, said in a ... Read More
US Consumer Sentiment Falls to Near Lowest on Record
(Bloomberg) -- US consumer sentiment fell in November to one of the lowest levels on record as Americans’ views of their personal finances soured. The final November sentiment index dropped to 51 from ... Read More
If consumer sentiment is so low, why is a record holiday shopping season expected?
Gallup’s Economic Confidence Index fell to a 17-month low, while holiday shoppers signaled less of an appetite to spend as their economic mood dimmed. Americans dropped their estimated holiday budgets ... Read More
The US economy expanded at the fastest pace in two years as wealthier Americans kept spending
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ... Read More
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