The drop in long-term inflation expectations was quite significant, down to 2.8%, the lowest in about a year, from 3.1%. … READ MORE >
University of Michigan consumer sentiment
Chart of the day: Consumer sentiment slides amid energy shock
Consumer sentiment slid further in March, falling by 3.1 points from February amid spikes in oil and gasoline prices. The University of Michigan sentiment gauge dropped to 59.7, an 11-year low, according to data released Friday. … READ MORE >
Chart of the day: Consumer confidence falls amid omicron fears
The consumer confidence index inched down to 67.2 in January from 70.6 in December as concerns over the omicron variant’s surge weighed on consumers both now and in the future. … READ MORE >
Consumer confidence surveys reflect a bifurcation of the nation’s economy
Recent readings of consumer confidence are revealing an increasingly bifurcated economy as households continue to grapple with the pandemic. … READ MORE >
Chart of the day: Consumer sentiment improves slightly amid inflation
The headline consumer sentiment index rose to 70.4 on the month from 67.4 previously, and only 0.1 higher than August when the delta variant’s surge hit the United States. … READ MORE >