Consumers Make Sudden U-Turn, Voice Concern About the …

Dec 23, 2024 · The organization’s consumer confidence index showed an 8.1-point decline to 104.7. Expectations that proposed tariffs on imported goods from the incoming Trump …

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Economic Headlines: U.S. Consumer Confidence Sinks, New Home …

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New home sales rise 5.9% to 664,000 annual rate in November, below 675,000 forecast U.S. consumer confidence drops 8.1 points in December to three-month low of 104.7, below forecast

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Consumer Spending Update: Economic Confidence Declines In …

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2 days ago · Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, …

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Why did US consumer confidence sank in December?

Could not download required scripts. Please update your browser or turn off ad blocker to continue to watch. US consumer confidence unexpectedly sank in December for the first time in three months on concerns about the outlook for the economy amid uncertainty around the Trump administration’s policies. ...

Why did consumer confidence drop in December?

US consumer confidence tumbled in December from the previous month amid Americans' growing uncertainty over the economic outlook in the year ahead. The Conference Board's consumer confidence index declined by 8.1 points in December to 104.7, below the 113.2 expected by economists surveyed by Bloomberg. ...

Are Americans feeling less confident about the economy before Trump's return?

American consumers are feeling less confident about the economy just weeks before Donald Trump 's return to office, according to new data. The Conference Board's index measuring US consumers' sentiments dropped 8.1 points to 104.7 in December, coming in under consensus expectations for an increase, the nonprofit think tank said on Monday. ...

Why did consumer confidence deteriorate in April?

WASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in April from 103.1 in March. ...

What is the Consumer Confidence Index?

The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market fell to 81.7 from 86.3 in July. A reading under 80 can signal a potential recession in the near future. ...

What happened to the Consumer Confidence Index in September?

The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, from 105.6 in August. It was the biggest month-to-month decline since August of 2021. The survey was conducted before the Federal Reserve announced a bigger-than-expected half-point interest rate cut last week. ...