Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures
U.S. consumer confidence declined for the third consecutive month, driven by concerns about short-term financial prospects amid elevated prices and interest rates. [ more ]
Consumer confidence in current economic conditions
Consumer confidence surveys can provide valuable insights into consumer sentiment and spending habits.
The University of Michigan's Index of Consumer Sentiment and the Conference Board's Consumer Confidence Survey have diverged in their estimates in recent years. [ more ]
Americans Feel Better About the Economy. Will That Help Biden?
Americans are feeling more confident about the economy than they have in years, with increasing expectations of decreasing inflation and moderating interest rates.
The recent surge in consumer sentiment could bolster President Biden's chances of re-election and pose a challenge to former President Trump's economic record. [ more ]