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Stories Tagged as

Consumer confidence

Here's why consumer confidence dipped in December

by Caleigh Wells
Dec 23, 2024
Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.
Inflation beat out politics on the list of economic influencers in The Conference Board's December survey. Tariffs are one thing consumers are newly worried about.
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Disposable personal income rose at a faster pace in October than the month before

by Justin Ho
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.
Kamil Krzaczynski/AFP via Getty Images
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Economic data is looking good. So why the glum vibes?

by Stacey Vanek Smith
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?

by Caleigh Wells
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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Consumer confidence grows, but the data has limitations

by Elizabeth Trovall
Jan 30, 2024
The Conference Board's measure reached its highest level in more than two years.
Despite the fact that everyone experiences the economy differently, The Conference Board found every income bracket became more confident in January — except for people making more than $125,000.
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One man's crisis of confidence in China

by Jennifer Pak
Oct 2, 2023
China’s economy has not been recovering as fast as hoped for after the zero-COVID policy ended, partly due to a lack of confidence.
A bustling market in China's Liaoning province. China's economy has not rebounded as quickly as anticipated, partly because of a lack of confidence among its people.
STR/AFP via Getty Images
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I've Always Wondered ...

Should the U.S. be worried about deflation? 

by Janet Nguyen
Sep 29, 2023
As price gains cool down, we consider the risk that the trend will go too far. Plus, is consumer sentiment a trustworthy indicator of economic activity?
Price gains have been on the decline after a bout of decades-high inflation that started during the pandemic. It's a welcome change for consumers, but deflation is another threat to the economy.
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Conference Board reports fall in consumer confidence

by Mitchell Hartman
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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Consumer confidence is rebounding. Here's why.

by Mitchell Hartman
Jul 26, 2023
The University of Michigan's consumer sentiment index is up 40% over last year, aided by moderating inflation and job market strength.
"We know from history that as long as folks are working, they feel more comfortable about spending,” said Quincy Krosby of LPL Financial.
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People over 55 are more glum about the economy, consumer survey says

by Stephanie Hughes
May 30, 2023
People in that age group have less time left to earn or save money for retirement and have had more time to accrue debt.
In some ways, how you feel about the economy in your 60s and 70s depends on how things went in earlier decades. 
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