Consumer – Page 2 – One America News Network

TURKEY-ECONOMY-CURRENCY-DOLLARS-FEATURE A picture taken on December 7, 2021 in Istanbul shows US dollars banknotes. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images)

Consumer Confidence Rises Despite Inflation Concerns, Expert Weighs In

Consumer confidence in the U.S. improved slightly in early September, with the University of Michigan’s index rising to 69, beating expectations. Inflation expectations have dropped for four consecutive months,

LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still suffering large losses as the global banking crisis continued. (Photo by Peter Macdiarmid/Getty Images)

Consumer Confidence Slips in June, Signals Economic Concerns

Consumer confidence dropped in June. The Conference Board’s report released today showed a decline to 100.4, down from 101.3 in May. Meanwhile, the Expectations Index also decreased to 73, compared to 79.4 last month. An index lower than 80 historically signals an impending recession. Mindy McIntosh, Founder & CEO of McIntosh & Associates, joins Alicia Summers to discuss these latest numbers.

NEW YORK CITY - JANUARY 25: People shop at a home improvement store in Brooklyn on January 25, 2024 in New York City. Economic data from the Commerce Department released today showed that U.S. economy expanded 3.1 percent in 2023, shaking off inflation fears and making the U.S. the fastest growing advanced economy in the world in 2023. (Photo by Spencer Platt/Getty Images)

Consumer Confidence Report Breaks Losing Streak

The Consumer Confidence Report – out today – broke a three-month losing streak. It rose to 102 in May, up from 97.5 in April. Meanwhile, the “Expectations Index” also rose slightly to 74.6, up from 68.8 last month.

A sign displays the price of gas at more than 6 USD per gallon, at a petrol station in Alhambra, California, on September 18, 2023. Oil prices hit a 10-month high on September 15, 2023, after oil supply cuts in Saudi Arabia and Russia, as well as deadly flooding in Libya, have raised oil prices close to 100 USD per barrel. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

Economic Roller Coaster: Consumer Confidence Dips

Consumer confidence, that’s how people feel about the economy, which is top-of-mind for voters this election, dropped for the third straight month, hitting 97 in April, down from 103 in March. The Expectations Index assesses people’s short-term 6-month outlook based on factors like income, business conditions, and the job market.

An elderly man shops at a supermarket during reserved shopping hours for elderly people in Miami Beach, on March 21, 2020. - Miami Beach Mayor, Dan Gelber, warned of "devastating consequences" over the virus and ordered bars and gyms to close this week, telling springbreakers: "You've got to think about the person next to you and even the person you don't know." (Photo by CHANDAN KHANNA / AFP) (Photo by CHANDAN KHANNA/AFP via Getty Images)

Report: Inflation Increased Again In March As Consumer Spending Rose

According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase.

US President Joe Biden arrives to speak during an event to announce that his Administration has approved $1.2 billion in student debt cancellation for almost 153,000 borrowers at the Julian Dixon Library in Culver City, California, on February 21, 2024. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

Consumer Sentiment Dips And President Announces More Student Debt Cancellations

Consumer sentiment about the U.S. economy dipped this month, from 79.4 to 77.9. So why are people feeling this way? Essential costs like food, energy, and housing are still through the roof. And young voices are getting louder.