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Consumers Maintain Improved Sentiment as Economy Weathers the Storm of Tariffs
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep consumers spending. Given that consumer spending accounts for more than two-thirds of the economy’s overall output, that is a good omen.
US consumption remains resilient, with retail sales rebounding in June despite widespread fears of tariff-driven inflation. I ...
A CBS/YouGov poll released Sunday found Trump’s approval rating at 42%, with disapproval at 58%. That approval compares with 45% in June and 47% in mid-April.
Key Takeaways The Michigan Consumer Sentiment survey increased to 61.8 in the preliminary July results, its highest level ...
“Consumers are unlikely to regain their confidence in the economy unless they feel assured that inflation is unlikely to ...
Americans are still in a sour mood over the economy, with tariff concerns weighing on their minds, the University of Michigan ...
People are less worried that President Donald Trump's tariff campaign will push up prices, though American consumers remain pessimistic by historical standards.
Bank of Canada reports say tariff-related uncertainty continued to put a damper on business and consumer sentiment in Q2, but ...
Consumer sentiment was nearing record-low territory in April as Trump announced a slew of country-specific tariffs. Those tariffs were paused a week later so the administration could negotiate ...
Consumer sentiment was nearing record-low territory in April as Trump announced a slew of country-specific tariffs. Those tariffs were paused a week later so the administration could negotiate ...
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