US consumer sentiment plunges on tariff fears, inflation expectations jump
U.S. consumer sentiment plunged to a nearly 2-1/2-year low in March and inflation expectations soared amid worries that President Donald Trump's sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
Key Takeaways Consumers are getting more wary about their financial futures as President Donald Trump has ramped up tariff ...
Thinking about 2025, most shoppers (75%) expect to continue shopping in-store at the same frequency. Almost half say that ...
Consumer sentiment in the U.S. has fallen to its lowest level in nearly two and a half years amid economic uncertainty under Trump’s administration.
Consumer Spending in Specific Categories . Below are the major spending categories the BLS aggregates and tracks statistics on. Note that as of September 2024, the most recent ann ...
Economic uncertainty remains a hot topic as consumers navigate rising costs, shifting wages and policy changes.
Consumer attitudes soured in March alongside slumping markets and growing concern about a possible recession, University of Michigan survey data ... Consumer spending accounts for about two ...
Data for this report comes from the Bureau of Labor Statistics Consumer Expenditure Survey. When considering pet spending by generation and region, we used the 2023 Consumer Expenditure Survey.
U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged.
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