Economy News Us Economy News Today Consumer Sentiment Drops To Lowest Reading In Five Months

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... 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 sentiment sours as government shutdown threatens economic damage

The fresh data marked three consecutive months of worsening shopper attitudes. Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in ... Read More

'A little concerning': 2 crucial consumer groups under pressure are a warning sign for US economy

The strain on lower-income and younger Americans is becoming harder to ignore. This past week, the Federal Reserve and restaurant chain Chipotle (CMG) became the latest to nod to a split US economy. Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Americans are increasingly voicing concern about the shutdown's impact on the U.S. economy, as a big majority feel Congress isn't even working to try to end it. There's also increased worry from ... Read More

US Consumer Confidence Slips on Outlook for Economy, Jobs (3)

US consumer confidence fell in October for a third straight month on dimmer views about the outlook for the economy and labor market. Read More

US consumer sentiment held steady in October, but labor market worries persist

U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation persisted as the government shutdown began. The University of Michigan's preliminary ... 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

High inflation and lack of jobs leave Americans frustrated with the economy

The numbers: Americans have soured on the prospect of finding new jobs, a new survey shows. And they’re still frustrated by persistent inflation, giving them little confidence that the economy will ... 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