Following Donald Trump's first few weeks as president, preliminary data shows consumer sentiment has dropped in February.
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
Consumer sentiment declined for the second consecutive month, reaching its lowest level since July, according to the preliminary February report for the Michigan Consumer Sentiment Index.
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
On Friday, the University of Michigan Surveys of Consumers showed that its Consumer Sentiment Index fell to 67.8 in February from January's final reading of 71.1. Although the reading came in line ...
Global markets decline as U.S. indices fall sharply, consumer sentiment worsens, and inflation expectations spike. Treasury yields rise, housing and retail sectors weaken.
The University of Michigan’s latest consumer survey, released Friday, showed that Americans’ inflation expectations for the year ahead surged this month to 4.3% ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
Ann Arbor, MI, February 7, 2025-Consumer sentiment declined 4.6% to 67.8 in early February, according to preliminary results from the University of Michigan Survey of Consumers. This represents an ...
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