Consumer confidence in the U.S. improved slightly in early September, with the University of Michigan’s index rising to 69, beating expectations. Inflation expectations have dropped for four consecutive months,
The Consumer Price Index report shows inflation rose 0.2% in August, with prices up 2.5% from a year ago—the lowest yearly increase since early 2021.
Consumer confidence, that’s how people feel about the economy, which is top-of-mind for voters this election, dropped for the third straight month, hitting 97 in April, down from 103 in March. The Expectations Index assesses people’s short-term 6-month outlook based on factors like income, business conditions, and the job market.
According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase.
Consumer sentiment about the U.S. economy dipped this month, from 79.4 to 77.9. So why are people feeling this way? Essential costs like food, energy, and housing are still through the roof. And young voices are getting louder.
Consumer confidence, out today, is at its lowest reading in 4 months. Confidence stands at 104.7 today compared to 104.8 in February.
Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market.
IPhone users whose devices have slowed down due to software updates will soon be reimbursed.
The consumer price index report for April is out, showing that inflation is up 4.9% from a year ago. The data indicates a slight drop fro
Consumer Sentiment rose today to a 13-month high of 66.4%.