The University of Michigan Consumer Sentiment preliminary report shows that consumers remain pessimistic about the economy – except those with the most extensive stock holdings. Those with large portfolios posted a “notable 11% increase in sentiment, supported by continued strength in stock markets.” However, there was widespread negativity across the population – regardless of age, […]
Tag: Consumers
Trump focuses on stock market gains as American consumer sentiment continues to decline
On August 18, the Trump Administration released an Article to the Official White House Website entitled ‘Trump Economy Ignites Record-Breaking Earnings Surge, Market Boom’ in which the Administration stated “Under President Donald J. Trump’s bold pro-growth policies, American businesses are thriving like never before — shattering earnings forecasts and propelling the stock market to continued […]
US Consumers – including Trump’s base – more pessimistic in June Consumer Confidence Index
The Conference Board released its Consumer Confidence Index yesterday, revealing a pessimistic outlook among American consumers. The index fell by 5.4 points to just 93.0, down from 98.4 in May. Interestingly, the Expectations Index, which is composed of consumers’ near-term outlook for income, labor market conditions, and business fell by another 4.6 points down to […]
American consumers pull back spending amid Trump policy chaos
With ongoing uncertainty from the Administration regarding international trade, American consumers are anxious and have reduced their spending substantially in May. Retailers experienced their second consecutive month of plummeting consumer spending. And the decline is growing. After a slight decline of just -0.1% in April – May retail sales fell off the proverbial cliff, […]
Consumer sentiment continues to nosedive with Trump’s economic policies
In continued disdain for Trump’s economic policies and their subsequent upheaval, American consumers remain wary of what is to come. The median forecast for May consumer confidence was 53.5, representing a slight increase from the April 2025 sentiment number of 52.20. However, consumer confidence plunged to an almost record low of just 50.80 points in […]