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Consumers Maintain Improved Sentiment as Economy Weathers the Storm of Tariffs
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep consumers spending. Given that consumer spending accounts for more than two-thirds of the economy’s overall output, that is a good omen.
Key Takeaways The Michigan Consumer Sentiment survey increased to 61.8 in the preliminary July results, its highest level ...
“Consumers are unlikely to regain their confidence in the economy unless they feel assured that inflation is unlikely to ...
Americans are still in a sour mood over the economy, with tariff concerns weighing on their minds, the University of Michigan ...
People are less worried that President Donald Trump's tariff campaign will push up prices, though American consumers remain pessimistic by historical standards.
The causal pathways by which tariffs could cause a recession seem dormant. Trade policy turmoil is the new normal, and may ...
Consumer sentiment was nearing record-low territory in April as Trump announced a slew of country-specific tariffs. Those tariffs were paused a week later so the administration could negotiate ...
Consumer sentiment was nearing record-low territory in April as Trump announced a slew of country-specific tariffs. Those tariffs were paused a week later so the administration could negotiate ...
U.S. consumers are becoming increasingly worried that tariffs will lead to higher inflation, according to a University of Michigan survey released Friday. The index of consumer sentiment dropped ...
Anna Moneymaker/Getty Images(NEW YORK) -- Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the ...
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