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Consumer sentiment stays stable in October, despite economic turbulence
The University of Michigan’s preliminary consumer sentiment index for October held nearly flat at 55.0, a modest dip from September’s final 55.1, signaling little change in how Americans view their ... Read More
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
Consumer Sentiment Falls To Lowest Level Since May As Inflation Fears Linger
U.S. consumer sentiment dropped in September to its lowest reading since May, according to the University of Michigan Survey of Consumers. This signals that worries about inflation, job security and ... Read More
Consumer confidence remains fragile, new economic survey data shows
Americans still concerned about persistent inflation and weaker hiring, according to a closely watched consumer confidence gauge. Read More
US consumer sentiment gloomy as jobs, inflation drag on national mood
About 63% of respondents said they expect unemployment to rise in the next year, down a touch from the prior month but nearly twice as high as last year. More than two-thirds see inflation exceeding ... Read More
Consumer confidence falls to lowest level since April
The Consumer Confidence Index dropped 3.6 points in September, falling to 94.2. The Present Situation Index tumbled 7.0 points to 125.4, its sharpe ... Read More
No one can seem to kill America’s economy, despite everyone’s best efforts
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More
How much could a government shutdown cost the economy and taxpayers?
Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage ... Read More
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