consumer sentiment

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Consumer Confidence Just Hit an All-Time Low

Monthly survey finds Americans worried about their finances like never before

(Newser) - The new inflation numbers were as bad as expected . But a closely watched University of Michigan survey on consumer sentiment, also released on Friday, might be worse. The survey found that consumer confidence in April fell to its lowest level on record, reports the Hill . The main index came in...

Consumer Sentiment Sinks Faster Than Expected

It's now near an all-time low, according to new index

(Newser) - US consumer sentiment has fallen to one of its lowest points on record, reports the Wall Street Journal . The University of Michigan's latest index slipped to 50.3 in November from 53.6 the previous month, a much sharper drop than expected. Analysts polled by the newspaper anticipated a...

Consumer Sentiment Near an All-Time Low

New index defies predictions that sentiment would rise in May

(Newser) - Americans appear to be growing more anxious about the economy, with consumer sentiment dropping for the fifth straight month to reach a three-year low. Details:
  • A closely watched index out of the University of Michigan fell to 50.8 in May, down roughly 3% from April's 52.2.
...

Black Friday Sets $11.4B Record

Consumers shrug off unemployment, pessimism, and spend

(Newser) - Holiday shoppers put their economic fears on layaway on Friday, and instead bought and charged their way to a record huge Black Friday, reports Bloomberg . With $11.4 billion spent at retail stores and malls on Friday, spending was up 6.6% from last year, the biggest one-year gain since...

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