Consumer
Consumer Confidence Continues to Tumble; Expectations Hit 12-Year Low
Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data from The Conference Board. The Consumer Confidence Index® fell by 7.2 points in March to 92.9, similar to the seven-point decrease seen last… […]
Consumer Sentiment Drops Again, Across All Groups
Consumer sentiment continues to take a serious tumble, with members of all political groups beginning to express worry and unease in their economic outlooks, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 57 for March, falling a whopping 11.9% from February’s 64.7 reading.… […]
Plunging Consumer Sentiment Marks Fastest Drop Since 1990
Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape. April’s Index of Consumer Sentiment, a survey conducted by the University of Michigan, had a final reading of 52.2, declining 8.4% from March’s 57 reading and down an eyebrow-raising 32.4% on a… […]
Consumer Sentiment Continues to Crash Amid Economic Uncertainty
Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from the University of Michigan. The preliminary Index of Consumer Sentiment reading for April came in at 50.8, a 10.9% tumble from March’s reading… […]
Consumer Sentiment Tumbles in February, Except for Republicans
Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across political parties, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 64.7 for February, falling a sharp 9.8% from January’s 71.7 reading. The Index… […]
Consumer Sentiment Rises for Fifth Straight Month in December
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its highest reading in seven months. A surge in buying conditions for durables led Current Economic Conditions to soar more than 20%. Rather than a sign of strength, this rise in durables was primarily due to… […]
Consumer Sentiment Turns Positive as Inflation Slows
With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,… […]
Consumer Sentiment Rises Slightly for the Third Consecutive Month
How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for the third consecutive month, per the University of Michigan’s survey of… […]
Consumer Sentiment Shifts From Gains to Slight Decline
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median… […]