Job, wage, and business growth remain strong, while inflation has decreased. However, consumer sentiment is still negative due to rising prices like car insurance. [ more ]
Consumer sentiment towards the economy has seen a sudden upswing, which may be attributed to a rising stock market.
The relationship between the stock market and consumer sentiment is not entirely clear, but there is evidence to suggest that stock prices affect perceptions of the economy. [ 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 ]