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Consumer Confidence

All articles tagged with #consumer confidence

NY Fed Survey Shows US Consumer Financial Outlook Deteriorating Amid Rising Inflation Fears
economy2 days ago

NY Fed Survey Shows US Consumer Financial Outlook Deteriorating Amid Rising Inflation Fears

The New York Federal Reserve’s September 2026 Survey of Consumer Expectations reveals a sharp decline in household financial optimism. While short-term inflation expectations rose to 3.9%, consumers increasingly expect to be in a weaker financial state in the coming year. This pessimism is driven by surging gas prices and affordability pressures, even as labor market expectations improve and spending growth remains resilient.

US Consumer Confidence Hits 2014 Low as Fuel Costs and Iran War Drive Pessimism
economy10 days ago

US Consumer Confidence Hits 2014 Low as Fuel Costs and Iran War Drive Pessimism

The Conference Board’s Consumer Confidence Index dropped to 81.9 in September, its lowest level since 2014. This sharp decline, which missed forecasts, was driven by rising fuel costs, persistent inflation fears, and a deteriorating outlook on personal finances. While job openings slipped to 7.08 million, the labor market remained relatively stable, though consumer sentiment fell across all political affiliations ahead of the midterm elections.

Consumer Confidence Plunges to 2014 Lows as Rising Rates and Oil Prices Weigh on Markets
markets10 days ago

Consumer Confidence Plunges to 2014 Lows as Rising Rates and Oil Prices Weigh on Markets

The Conference Board’s Consumer Confidence Index fell to 81.9 in September, its lowest level since April 2014, as rising interest rates and fuel costs eroded optimism. Bitcoin retreated to approximately $83,200, while the 10-year Treasury yield climbed to 5.27%, its highest since 2007. Job openings dropped to 7.08 million, signaling early labor market weakness.

Global Markets Slide as 19-Year High Yields and Oil Spikes Pressure Stocks
markets11 days ago

Global Markets Slide as 19-Year High Yields and Oil Spikes Pressure Stocks

Rising Treasury yields and elevated oil prices have pressured global equities, with the 10-year U.S. Treasury yield hitting a 19-year high above 5.27%. Asian markets traded lower as investors weighed inflation risks and a recent rate hike by the Reserve Bank of Australia. U.S. consumer confidence fell to a 12-year low, while job openings declined in August. The Federal Reserve is expected to raise interest rates again in October as inflation remains above its 2% target.

US consumer confidence eases in August as gas prices exceed $4 a gallon
economy1 month ago

US consumer confidence eases in August as gas prices exceed $4 a gallon

The Conference Board’s August consumer confidence index slipped to 89.4 from 90.2 as gas prices stay above $4 per gallon. Sentiment improved regarding the current labor market (27% say plentiful vs 24.4% in July) but weakened on the six‑month outlook (14.6% expect more jobs, down from 16.4%). July payrolls fell 23,000 and the unemployment rate held at 4.1% as a shrinking labor force kept the jobless rate down. Inflation, via the Fed’s preferred PCE index, remained elevated at 3.7% y/y in June, signaling continued price pressures alongside geopolitical concerns.

Gas-price rebound dents American confidence as Iran tensions flare
business2 months ago

Gas-price rebound dents American confidence as Iran tensions flare

The Conference Board's July consumer-confidence index fell to 90.8 from 92.2, with gas prices rising again toward about $4.10 a gallon as U.S.-Iran hostilities intensify. Inflation remains elevated and real incomes have declined; job growth slowed (57,000 new jobs) and the unemployment rate fell to 4.2% largely because fewer people are actively seeking work. The results signal persistent American caution about the economy heading into the midterms amid ongoing energy-price volatility tied to the Strait of Hormuz disruption.

economy3 months ago

Jobs stay firm while consumer confidence sinks in Trump-era economy

June payrolls rose by 57,000 with the unemployment rate easing to 4.2% and a surge in job openings, signaling a still-robust labor market even as hiring momentum slows. But consumer confidence remains weak, with wages lagging inflation and inflation-driven concerns cutting into real earnings, complicating the political narrative around Trump’s economic plan and potentially influencing Fed policy.

business4 months ago

European Shares Rally as Oil Rises and Mixed Data Signal Cautious Optimism

European stocks rose with the Stoxx 600 up about 0.6% as investors weighed higher oil prices amid a renewed US-Iran focus against mixed UK and European data, including Puig tumbling after a deal with Estée Lauder ended while Estée Lauder rose. UK April retail sales fell 1.3%, oil climbed to around $103–104 a barrel, and Germany’s consumer confidence and France’s manufacturing climate improved. UK borrowing topped forecasts and gilt yields slipped slightly, while Wall Street futures pointed higher.