US Consumer Confidence Edges Up on Falling Gas Prices
#ConsumerConfidence #GasPricesUS consumer confidence edged up 0.6 points to 91.2 in June, driven by falling gas prices after the Iran war. Sentiment remains below last year's 95.2 and pre-pandemic levels above 120, yet spending continues to sustain economic growth. read more
Consumer Confidence Dips as Gas Prices Stay High
#ConsumerConfidence #InflationU.S. consumer confidence slipped in May as gas prices near $4.50 and high inflation eroded purchasing power, contrasting record stock market highs. This decline follows months of gains and may impact Republicans in upcoming midterm elections. read more
American Consumer Confidence Hits Record Low
#ConsumerConfidence #CostOfLivingAmerican consumer confidence hit an all-time low of 44.8 in May, driven by soaring gas prices and Iran conflict fears. 57% of consumers cited high prices eroding finances, with inflation expectations rising sharply. read more
UK consumer confidence sees biggest drop since Ukraine war
#ConsumerConfidence #CostOfLivingCrisisUK consumer confidence saw its steepest quarterly drop since the Ukraine war began, falling from -1 to -13. PwC warns sentiment will worsen as rising energy and food costs fuel a new cost-of-living crisis amid the Iran conflict. read more
Uncertainty Rattles Consumer Confidence Amid Tariff Threats and Inflation Fears
#ConsumerConfidence #TrumpTariffsConsumer confidence in the US is dropping due to Trump's actions, stock market fluctuations, and political turmoil, as per recent polls. Both Republicans and Democrats are feeling more pessimistic about the economy, with heightened expectations of inflation. Tariffs are seen to impact American consumers directly. read more