Us Consumer Confidence
US consumer confidence hits 5-year low amid rising tariff concerns
Americans' confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic as anxiety over the impact of tariffs takes a heavy toll. The Conference Board said Tuesday that its consumer confidence index fell 7.9 points in April to 86, its lowest reading since May 2020. Nearly one-third of consumers expect hiring to slow in the coming months, nearly matching the level reached in April 2009, when the economy was mired in the Great Recession. The figures reflect a rapidly souring mood among Americans, most of whom expect prices to rise because of the widespread tariffs imposed by President Donald Trump. About half of Americans are also worried about the potential for a recession, according to a survey by The Associated Press-NORC Centre. Rattled consumers spend less than confident consumers, said Carl Weinberg, chief economist at High Frequency Economics, in an email. If confidence sags and consumers retrench, growth will go ..
 "US consumer confidence hits 5-year low amid rising tariff concerns")
US consumer confidence drops in February, marking biggest fall since 2021
It followed on the heels of surveys last week showing steep declines in business and consumer sentiment in February
 "US consumer confidence drops in February, marking biggest fall since 2021")
US consumer prices rebound in July, trend consistent with ease in inflation
The consumer price index increased 0.2 per cent last month after falling 0.1 per cent in June, the Labor Department's Bureau of Labor Statistics said
 "US consumer prices rebound in July, trend consistent with ease in inflation")
US consumer confidence recovers after 3 months; inflation worries persist
While the economy is expected to slow this year as a result of the cumulative impact of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to tame inflation
 "US consumer confidence recovers after 3 months; inflation worries persist")
US consumer confidence rises to hit two-year high mark in January
The Conference Board said on Tuesday that its consumer confidence index rose to 114.8 this month, the highest reading since December 2021
 "US consumer confidence rises to hit two-year high mark in January")
US consumer confidence falls to 9-month low in April amid recession fears
The Conference Board said its consumer confidence index fell to 101.3 - the lowest since July 2022 - from a revised 104.0 in March
 "US consumer confidence falls to 9-month low in April amid recession fears")
US consumer confidence falls to 7-month low on Delta variant fears
The Conference Board's index fell to 109.3 from a revised 115.2 reading in August, according to the group's report Tuesday.
 "US consumer confidence falls to 7-month low on Delta variant fears")
US consumer confidence stumbles; Covid-19 sapping economic momentum
The Conference Board's consumer confidence index dropped to a reading of 88.6 this month, the lowest since August, from 92.9 in November
 "US consumer confidence stumbles; Covid-19 sapping economic momentum")
Sharp decline in US consumer confidence rattles already nervous investors
US stocks, which enjoyed a huge rally on Wednesday, were trading sharply lower after Thursday's data, with the S&P 500 index down about 1.8 per cent
 "Sharp decline in US consumer confidence rattles already nervous investors")
US consumer confidence slips; new home sales hit 8-month low
Amercian economy expected to grow at a 2.2% annualised rate in Q3 over the preceding quarter's brisk 3% pace
 "US consumer confidence slips; new home sales hit 8-month low")
