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Consumer Sentiment Stuck At 3-Year Lows As Inflation Fears Hit 44-Year High
Friday, May 30, 2025 - 11:08am | 576U.S. consumer sentiment stayed at 3-year lows in May 2025, while short-term inflation expectations surged to their highest level since 1981, according to the final report released by the University of Michigan. The Consumer Sentiment Index for May 2025 came in at 52.2 points, upwardly revised from...
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Walmart May Have An Ace Up Its Sleeve As Trump Tariffs And Slowdown Threaten Retail
Tuesday, April 8, 2025 - 9:39am | 763Walmart Inc. (NYSE:WMT) is leveraging its Walmart+ membership program to drive growth and customer loyalty as escalating tariffs and global trade tensions threaten the U.S. economy. The subscription-based service, which launched nearly five years ago, has become a key driver of e-commerce growth...
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Stocks Enter Correction Zone, Tariff Fears Hammer Consumer Confidence, Inflation Worries Hit 32-Year Highs: This Week In Markets
Friday, March 14, 2025 - 4:13pm | 561Wall Street wrapped up its fourth consecutive week in the red, a losing streak not seen since May 2022, and the S&P 500 index officially entered correction territory after sliding 10% from its February highs. Investor anxiety remains high, fueled by the looming impact of trade tariffs touted by...
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Consumer Sentiment Hits 7-Month High, But Inflation Fears Divide Democrats, Republicans
Friday, December 6, 2024 - 11:32am | 490The University of Michigan’s closely watched Consumer Sentiment Index surged to a seven-month high in December, reflecting improved current economic conditions while also signaling growing concerns over rising near-term inflation expectations. Notably, nearly 25% of respondents—the highest...
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US Consumer Confidence Rebounds In August: 'Expectations Are Subject To Change' As Presidential Campaign Heats Up
Friday, August 16, 2024 - 11:14am | 537Preliminary estimates from the University of Michigan reveal that U.S. consumer confidence rose slightly more than expected in August, recovering after hitting its lowest level since November 2023 in July. This month’s consumer morale has been notably influenced by political developments,...
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US Consumer Morale Dips More Than Expected In July: Sentiment 'Remains Stubbornly Subdued'
Friday, July 12, 2024 - 10:26am | 405Preliminary estimates from the University of Michigan revealed that U.S. consumer confidence has declined more rapidly than anticipated in July, hitting its lowest level since November 2023. The survey also indicated that inflation expectations have slightly eased, implying that the drop in...
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Stocks Ease, Tech Rises, Bonds Eye Strongest Week Of The Year As Consumer Sentiment Sinks In June: What's Driving Markets Friday?
Friday, June 14, 2024 - 2:16pm | 951Wall Street is set for a subdued session on Friday as risk sentiment wanes due to low U.S. consumer confidence and rising political uncertainties in Europe. The University of Michigan reported the lowest U.S. consumer confidence reading since November 2023, significantly missing economists’...
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Consumer Sentiment Tumbles In June, Reaches 7-Month Low: 'High Prices As Well As Weakening Incomes' Raise Concerns
Friday, June 14, 2024 - 10:30am | 469Preliminary estimates from the University of Michigan indicate a sharper-than-expected decline in U.S. consumer confidence in June, reaching its lowest point in seven months. The survey also showed that inflation expectations remain largely unchanged, suggesting that the decreased consumer...
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Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
Friday, May 10, 2024 - 4:09pm | 631It's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter earnings season. As of May 7, 424 companies in the S&P 500 have disclosed their earnings, with 78% surpassing earnings expectations and 61%...
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Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday? (CORRECTED)
Friday, May 10, 2024 - 1:28pm | 1247Editor’s note: This story has been updated to correct an error in the price action of Charter Communications stock. A worse-than-expected University of Michigan May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived...
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Consumer Sentiment Falls In May, Inflation Expectations Strongly Exceed Fed's 2% Goal: 'They Now Perceive Negative Developments'
Friday, May 10, 2024 - 10:25am | 479The latest University of Michigan report shows a troubling drop in U.S. consumer confidence, signaling potential weakness in household finances alongside a worrying increase in consumer inflation expectations. “Consumer sentiment retreated about 13% this May following three consecutive months...
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Consumer Sentiment Worsens In April, Inflation Expectations Rise Further: Stocks Fall, Gold Surges Above $2,400
Friday, April 12, 2024 - 10:30am | 488The latest April report on U.S. consumer confidence paints a bleak picture, showcasing a sharp decline in overall morale and a disturbing surge in inflation expectations among American consumers, according to data released Friday by the University of Michigan. "A slight uptick in inflation...
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US Consumer Sentiment Holds Steady In March, Inflation Expectations Remain Above Fed's 2% Target
Friday, March 15, 2024 - 10:33am | 492The latest report on U.S. consumer confidence, carried out by the University of Michigan, shows a broadly stable figure for the overall sentiment index, while still holding onto high expectations for inflation according to preliminary data from March released on Friday. “Consumer sentiment...
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Economy Takes Center Stage In 2024: Can Upbeat US Consumer Sentiment Reshape Poll Results?
Friday, January 19, 2024 - 10:18am | 643The American public’s outlook on the economy is showing signs of improvement, with a decline in inflation and positive labor market conditions. The shift in consumer sentiment could have significant implications for the upcoming elections. What Happened: The Wall Street Journal reported on...
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US Consumer Sentiment Sharply Rebounds In December, Up 16.1% Year-Over Year; Inflation Expectations Decline
Friday, December 8, 2023 - 11:33am | 437The consumer sentiment survey conducted by the University of Michigan in December revealed a significant surge in the overall index, surprising economists, and a notable decrease in inflation expectations. In December 2023, the consumer sentiment index rose to 69.4, marking a 13.2% increase from...