#consumersentiment — Public Fediverse posts

There’s Good News, Bad News About Prices at the Pump

It’s getting a little less painful at the pump, but it’s still not exactly cheap. The national…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #aaa #Business #Ceasefire #consumersentiment #Gas #gasprices #Gasoline #gasolineprices #iran #PresidentTrump #StraitofHormuz
https://www.newsbeep.com/us/712104/

‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing

Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came…
#NewsBeep #News #Economy #Business #CA #Canada #compensation #consumersentiment #consumerspending #inflation #Irán #Jobs #Labor #wages #war
https://www.newsbeep.com/ca/660634/

‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing

Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #compensation #consumersentiment #consumerspending #Inflation #iran #Jobs #Labor #wages #war
https://www.newsbeep.com/us/635064/

"ROSENBERG: '.. consumer sentiment at its lowest level since the series began in November 1952! .. undercutting the lows of all the prior eleven recessions .. the 1970s oil shock,.. the Asian financial crisis .. the tech wreck and terrorist attacks of 2001, the GFC of 2008-2009 .. the 2020 pandemic.'”

~ Carl Quintanilla

#Trump #economy #oil #gas #ConsumerSentiment #ApprovalRating
/27

https://bsky.app/profile/carlquintanilla.bsky.social/post/3mj5qghkyuk2h

"The gas price spike, in particular, is historic. We are talking about the largest monthly increase in gas prices since tracking it began in 1967. Nearly 60 years. Thanks, Donald. This is what happens when you let a con man with no grasp of geopolitics and no genuine interest in peace play war games on behalf of 330 million Americans."

#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/3

"Remember when Trump claimed inflation was zero? Yeah. No. Year-over-year inflation hit 3.3% in March, the highest since May of last year. But the month-over-month number is what really should make your stomach drop: 0.9% in a single month. That is the biggest one-month jump since June 2022. Gas prices surged 21% in March. Fuel oil is up 31%. Airfares jumped 15%."

#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/2

"The University of Michigan Consumer Sentiment Index just dropped to 47.6 for April. During the height of COVID in March 2020, we never got anywhere near that low. During the 2008 financial crisis, the worst economic collapse in generations, we never saw numbers remotely close to this.

On top of that, the inflation numbers that came in this morning are brutal."

~ Ben Meiselas

#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/1

https://www.meidasplus.com/p/friday-afternoon-news-updates-the

Market Talk: Multiple wallet strains hit consumer sentiment

With consumer sentiment spiraling to a record low due to soaring inflation expectations, Anna Rathbun, founder and CEO of Grenadilla Advisory, said that 'any company that derives its revenue from consumers' is likely to feel pressure in the months ahead. #consumersentiment #inflation #markets #markettalk #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: Keep up with the latest news from around the…

https://fllics.com/en/video/market-talk-multiple-wallet-strains-hit-consumer-sentiment/

While the #AIboom boosts the #economy and stock market, many businesses, particularly small businesses, are struggling due to higher costs from #tariffs and reduced #consumerspending. This #disconnect is evident in the macro data, with #AI related spending significantly contributing to #GDP growth, while other sectors like #manufacturing and #construction face challenges. #Consumersentiment remains negative, with many expecting a #weakereconomy. https://www.cnbc.com/2025/10/25/ai-spending-is-boosting-the-economy-many-businesses-in-survival-mode.html?eicker.news #tech #media #news

Bihar is among India’s poorest states yet it hasn’t seen protests or a change in govt in decades. The incumbent CM Nitish Kumar has ruled the state for nearly 20 years. We tried to explore the reason behind this apparent contradiction using unit level data from RBI CCS.

Read on HT app: https://www.hindustantimes.com/editors-pick/biharis-are-poor-but-bullish-on-sentiment-number-theory-101760065456935.html

#india #MastIndia #Bihar #NitishKumar #RBI #DataViz #ConsumerSentiment @mastodonindians

Why the AI boom feels more like a crisis than a celebration: Paul Krugman reveals today’s tech surge contrasts sharply with 1990s optimism. Despite AI-driven growth averting recession, fears over job loss, policy uncertainty, and political strife dampen hope. Explore his insights on this paradox and what it means for our future. Full article: https://paulkrugman.substack.com/p/why-arent-we-partying-like-its-1999 #PaulKrugman #AI #economy #tariffs #consumerSentiment #technology #recession #techBoom #economicPolicy

Consumer sentiment is a key economic gauge, but how objective is it? More and more data raises concern that partisanship may be increasingly colouring people's economic outlook. Today’s Number Theory digs into this further using data from UK, US and India.

Read on HT app: https://www.hindustantimes.com/editors-pick/is-economic-sentiment-real-or-imagined-number-theory-101757903861995.html

#ConsumerSentiment #US #UK #India #Economy #EconomicOutlook #DataViz #MastIndia @mastodonindians

Political party affiliation affects consumer sentiment. #Economy #Politics #ConsumerSentiment

RE: https://bsky.app/profile/did:plc:lxzp74tjlzjbfaebfsmaadax/post/3lpcf4trxdk2e

Big brands are officially worried about American shoppers - #economy #economics #retail #consumers #boycott #ConsumerSentiment https://www.npr.org/2025/04/25/nx-s1-5375820/big-brands-tariffs-us-spending-consumers

University of Michigan’s closely watched #ConsumerSentiment index nosedived to 50.8 in April from 57 last month. Sentiment is now at its second-lowest level in history. Expectations for #inflation also hit the highest level in 44 years, according to the survey. Meanwhile, #WallStreet executives warned #tariffs were sending the U.S. #economy into the unknown and that the uncertainty was already hurting #consumers and companies alike. https://data.sca.isr.umich.edu/fetchdoc.php?docid=78393 #insidertrading #economy #finance #maga

Evidence that the US stock market is based solely on imaginary wishful thinking?

China increases tariffs on US products to 125%, the US bond market is experiencing a sell off, companies are announcing layoffs daily, and there are reports of companies pausing investment decisions until things settle down, the consumer sentiment measurement reports a reading of 50.8.

And, the wishful thinking DOW is at +760 as of this posting.

Note: a sentiment number of 100 is the baseline between a positive consumer confidence and a negative consumer confidence. A report of 50.8 should be a major concern for everyone.

#Business #Economics #StockMarket #ConsumerConfidence #ConsumerSentiment

The beginnings of the Trump economy:

"WASHINGTON, Feb 25 (Reuters) - U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February, with 12-month inflation expectations surging amid worries that tariffs on imports would raise prices for households.

"The Conference Board said on Tuesday its consumer confidence index dropped 7 points, the biggest decline since August 2021, to 98.3 this month. Economists polled by Reuters had forecast the index falling but only to 102.5.

"The third straight monthly decrease pushed the index to the bottom of the range that has prevailed since 2022. Average 12-month inflation expectations jumped to 6% from 5.2% in February.

"'References to inflation and prices in general continue to rank high in write-in responses, but the focus shifted towards other topics,' said Stephanie Guichard, senior economist, global indicators at The Conference Board.

"'There was a sharp increase in the mentions of trade and tariffs, back to a level unseen since 2019. Most notably, comments on the current Administration and its policies dominated the responses.'"
https://www.reuters.com/markets/us/us-consumer-confidence-deteriorates-sharply-february-2025-02-25/

#useconomy #economics #ConsumerSentiment

Fueling decline was a drop in the University of Michigan’s #ConsumerSentiment index, which slumped to its lowest level in >1 year in Feb. The index showed #consumers more worried over the path for the #economy….

The survey showed consumers expecting prices for goods & services would rise at an annual rate of 3.5% over the next 5–10 yrs, the most since 1995. Consumers are wary of spending on big-ticket items, & >½ of the respondents expect the #unemployment rate to rise in the next year.

#USpol

Republicans feel better about economy, Democrats not so much

https://www.axios.com/2024/11/13/consumer-sentiment-republican-democrat-switch

The wisdom of the crowds… not.

Need to remember this the next time people start complaining about the economy.

Only… what tags?

#consumerSentiment #economics #history #politics #stupidityOfTheCrowds #USPol #wisdomOfTheCrowds

Fascinating chart via #MorningConsult: When your party has the presidency, you feel that the economy is better, whether or not it actually is.

#uspolitics #uspol #economy #ConsumerSentiment

Source: https://x.com/_SofiaBaig_/status/1854961085461545283

U.S. Michigan Consumer Expectations for Oct dropped to 72.9, below the consensus of 75.0 and lower than the previous value of 74.4.

U.S. Michigan Consumer Sentiment for Oct fell to 68.9, missing the consensus of 70.9 and down from the previous value of 70.1.

#ConsumerSentiment #USEconomy #Michigan #US

Why the economy feels like it's worse in some ways--gift article
#Economy #ConsumerSentiment #GiftArticle
https://www.nytimes.com/2023/12/11/opinion/economy-biden-vibes.html?unlocked_article_code=1.FE0.c4IO.DwqLK6-rSpmK&hpgrp=k-abar&smid=url-share

Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report - Bitcoin remained close to the $31,000 level on Friday, as momentum in the market c... - https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-remains-in-the-green-ahead-of-us-consumer-sentiment-report/ #consumersentiment #technicalanalysis #marketupdates #analysis #ethereum #bitcoin #btc #eth

Two-thirds (67%) of U.S. adults agree they are concerned about the #safety of #generativeAI, a study found. The finding may be a surprise to brands that have interpreted #AI’s ever-growing hype on #SocialMedia as evidence for positive #ConsumerSentiment. https://adage.com/article/digital-marketing-ad-tech-news/ai-tools-chatgpt-and-dall-e-2-raise-safety-concerns-consumers/2465516