inflation, consumer confidence
The Conference Board issues its latest consumer confidence report on Tuesday. The Commerce Department delivers its monthly snapshot of new U.S. home sales on Wednesday.
The Conference Board reported that its consumer confidence index sank this month to 98.3 from 105.3 in January. That’s far below the expectations of economists, who projected a reading of 103, according to a survey by FactSet.
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News Nation on MSNUS consumer confidence drops by most since August 2021February’s plunge in consumer confidence marks the third consecutive month-on-month decline, a concerning trend given that consumer spending accounts for about two-thirds of U.S
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday. The board’s Consumer Confidence Index slipped to 98.
The Conference Board's consumer confidence report found that confidence slumped in February with the biggest monthly drop in nearly four years amid inflation and tariff concerns.
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday, with inflation seemingly stuck and a trade war under President Donald Trump seen by a growing number of Americans as inevitable.
Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold
The latest evidence comes from The Conference Board’s Consumer Confidence Index for February, released Tuesday morning. The index fell to 98.3, falling for the third-straight mo
Tuesday's Conference Board data on U.S. consumer confidence dealt a massive blow to sentiment and played its part in driving Wall Street to a five-week low. The report showed heightened inflation expectations fueled by President Trump's rapid-fire moves over trade and tariffs,
Inflation expectations vary by political affiliation, surveys show, but fears of inflation can be self-fulfilling.
Over 75% of Americans say they are cutting back spending and over half are electing to put off plans to account for the changing economic climate, according to a new Wells Fargo report.
The public is getting impatient for President Donald Trump to fulfill his campaign promises to "end inflation," but it might be on its way down all on its own.
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