Here's why consumer confidence dipped in December

Dec 23, 2024
Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.

Disposable personal income rose at a faster pace in October than the month before

Nov 29, 2024
Income growth is continuing to propel the U.S. economy. But whether consumers keep spending into next year could depend on where they are on the income scale.
Rising debt delinquency rates and dwindling savings could put a damper on consumer spending.
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Economic data is looking good. So why the glum vibes?

Jun 25, 2024
Unemployment is near record lows, GDP is growing, inflation has been trending down, wages are up. But in spite of it all, people are feeling bad.
One reason for all the economic angst? A very positive reference point from earlier in the pandemic might make some consumers feel like nothing will compare.
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Home prices have reached new records, yet consumer confidence rose. What gives?

May 28, 2024
Turns out what we're seeing may not be optimism as much as less pessimism.
Plans to buy a new home in the next six months were "at one of the lowest levels that it’s been, I think, in the history of the Consumer Confidence Index,” says Brian Connolly of the University of Michigan.
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Conference Board reports fall in consumer confidence

Sep 27, 2023
The nonprofit business research group found that consumers think a recession is on the way, as the economy faces challenges ahead.
One thing consumers are worried about, and think could signal an oncoming recession, is high food prices.
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February was another disappointment for retail sales

Mar 16, 2022
They've been up and down like a bouncing ball for the past few months.
Not adjusting for inflation, retail sales in February were up just 0.3% over January. Factoring in inflation, they were actually down.
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Consumer confidence rises, undeterred by omicron

Dec 22, 2021
Americans are reassured that businesses are still operating. Yet some economic uncertainty lingers.
The spread of the new coronavirus variant hasn't seemed to dampen consumer confidence, which reached 115.8 in December. However, that remains below pre-pandemic levels.
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Dented by the delta variant, consumer confidence now confronts omicron

Nov 30, 2021
Confidence ticked down in November, but so far, each wave of COVID seems to have less of an impact on how consumers feel.
Shoppers stroll in a Houston mall on Black Friday. Though consumer confidence may dip if the omicron variant spreads, higher vaccination rates and a strong job market may help.
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Our feelings about jobs and the economy have parted ways

Nov 1, 2021
Many people are happy with the job market — higher wages and more openings. Fewer people like where the overall economy is headed.
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