Consumer Gloom Over the Economy Deepens

Chris Rupkey, chief economist at fwdbonds, said, “Consumer spending has rebounded somewhat in the third quarter, but that recovery from a dismal first half of the year will not hold if diminished ... Read More

U.S. consumer sentiment drops to lowest point since May

Consumer sentiment continued to slide in September, falling to its lowest point since May, as tariffs seep into product prices and Americans start to spend more cautiously. The University of ... Read More

Consumer sentiment falls to lowest level since May amid job market concerns

Consumer sentiment is now down 21% from a year ago, according to the latest reading. September marked the lowest reading since May. Read More

Why are consumers spending more even as consumer sentiment keeps dropping?

Wealthier Americans are driving much of the growth in spending, while lower-income consumers are falling further behind. Read More

Trump is selling a strong economy. Voters aren’t buying it.

Privately, aides concede voters remain uneasy about prices but argue their policies are beginning to turn things around. Read More

Americans' confidence in finding a new job falls to record low, according to NY Fed

Americans' confidence in finding a new job fell to the lowest measure on record, a survey from the New York Fed shows. Read More

Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker

The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be tricky to solve. Read More

The ugly truth: American consumers have been gloomy for quite some time

We are always gloomy about something. Have we fully gotten over the trauma that was the pandemic? The more than 1.2 million people who died from COVID-19, the closures of schools, the liberation of ... Read More

Va. consumer sentiment edges up, but expectations go down

Virginia consumers are feeling better about the economy than they did last spring, when the threat of tariffs to near rock bottom in a quarterly survey by Roanoke College, but most of them don't ... Read More

August consumer confidence dips with jobs and tariffs driving most unease

WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its ... Read More

‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers

Goldman Sachs economists said they expect that about 70% of the direct costs of the tariffs will eventually fall on the consumer, and that the total could rise to 100% if including the spillover ... Read More