US consumer confidence tumbles for the 4th consecutive month to a 12-year low
- Consumer confidence decreased by 7.2 points in March to a reading of 92.9, according to the Conference Board.
- Expectations for income, business, and the job market fell by 9.6 points to 65.2, revealing deeper concerns.
- Consumers' perception of current conditions also fell by 3.6 points to 134.5, highlighting a negative outlook.
- More Americans are predicting a recession, according to the Conference Board survey.
237 Articles
237 Articles
Consumer Sentiment Reaches Record Lows. The House Republican Plan to Fix It? Gut Health Care, Kill Jobs, and Raise Costs.
Axios: “The economic vibes have taken a decisive turn for the worse” New reporting reveals consumers’ short-term confidence in income, business conditions, and the labor market has dropped to a 12-year low — well below the level that typically indicates an impending recession. The House Republican plan to fix it? Enact the largest cut to Medicaid in history to fund massive tax cuts for their billionaire donors and wealthy corporations. Raise …
American Consumers Feel Moodiest About Their Future in Over a Decade
The economic outlook in America is getting gloomy. New data released Tuesday showed US consumer confidence down for the fourth straight month and Americans’ faith in their financial futures at a 12-year low. And Moody’s, the last of the major credit rating agencies to maintain a triple-A rating for US sovereign debt, said it sees a weakening fiscal situation in the years to come. Consumers and Credit (of the Sovereign Variety) We start with Mood…
Coverage Details
Bias Distribution
- 68% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage