US EditionUS Consumer Sentiment Drops, Price Expectations Soar on Tariffs: University of Michigan Survey
- American consumer confidence dropped sharply in February, reaching its lowest level in 29 months at a preliminary reading of 57.9, according to the University of Michigan consumer sentiment survey.
- Long-Run inflation expectations rose from 3.5 percent to 3.9 percent in February, marking the largest monthly increase since 1993, reported by the University of Michigan.
- Eighty percent of small business owners reported increased economic optimism since November, indicating a shift from predictions of a recession, according to the March 2025 survey.
- Christopher Rupkey stated, 'The consumer is frightened and sees sharply higher prices ahead' amidst rising inflation expectations.
101 Articles
101 Articles
The backbone of the US economy flashes stagflation warnings as uncertainty spikes on tariffs and layoffs — 'storm clouds are forming'
A recent survey of small businesses raised numerous red flags about the economy, including trends that point toward potential stagflation pressure. That's as President Donald Trump keeps companies guessing on what he will do next on federal layoffs and tariffs, raising uncertainty about prices, costs, and expansion plans. Small businesses are the backbone of the American economy as they employ the vast majority of workers, and they are flashing …
'Bleak': Industries report 'slowdown in consumer demand' as recession fears intensify
Economist and former New York Times columnist Paul Krugman is warning that between steep tariffs on longtime U.S. allies, extensive layoffs of federal government workers, and mass deportations, President Donald Trump's policies may trigger a major recession in the United States. And the Dow Jones Industrial Average has been quite volatile in response to the trade war that Trump is waging against Canada, Mexico and other countries.According to Wa…
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