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2 mins read

US consumer sentiment gauge drops to lowest since August as recovery hopes dim

Households earning less than $75,000 dragged on the metric, as the share of those reporting income …

Ben Winck   


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2 mins read

US consumers haven't been this optimistic in a year

The University of Michigan's consumer sentiment gauge rose to one-year highs as vaccine rollouts an…

Ben Winck   


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2 mins read

US consumer spending plunged the most ever last month as savings spiked to a record high

A drop in spending could have a devastating effect on the US economy, as consumption is responsible…

Carmen Reinicke   


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2 mins read

US consumer sentiment jumps the most since 2016 on renewed hiring efforts

"The turnaround is largely due to renewed gains in employment," said Surveys of Consumers chief eco…

Carmen Reinicke   


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2 mins read

US consumer sentiment plunged the most on record in early April as coronavirus froze the economy

The slide was led by the current conditions index, which plummeted by 31.3 points, nearly double th…

Carmen Reinicke   


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US consumer sentiment hits highest level since July as rate cuts boost optimism

The November growth was primarily driven by an increasingly optimistic spending outlook among Ameri…

Ben Winck   


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2 mins read

US retail sales plunged an unprecedented 16.4% in April, roughly double the prior record

The April data reflects the impact of widespread government shutdowns designed to slow the spread o…

Carmen Reinicke   


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2 mins read

US consumer sentiment reverses rebound amid 'widespread resurgence' of coronavirus, new survey says

"Another plunge in confidence and a longer recession is likely" if Congress doesn't soon pass anoth…

Ben Winck   


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US consumer sentiment hit a 6-month high in September, beating economist forecasts

The University of Michigan's consumer sentiment index rose to 78.9 in September from 74.1, with imp…

Ben Winck   


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2 mins read

US consumer sentiment falls for the first time in 4 months as spiking COVID-19 cases spur worry

An index of consumer expectations plunged to 71.3 from 79.2 as soaring COVID-19 cases and the US pr…

Ben Winck   


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3 mins read

Trump's trade war with China could start weighing on the biggest engine of the US economy

"The gains were recorded mostly before the trade negotiations with China collapsed and China respon…

Rebecca Ungarino   


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4 mins read

Politics matters for economics - but maybe not in the way you think

"If 'pure sentiment' - the part of consumer confidence that is not explained by the same hard varia…

Elena Holodny   


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2 mins read

US consumer confidence rose in May, boosted by coronavirus relief efforts

Concerns about social isolation jumped to 21% in April from 14% in May. It's now cited as the top c…

Carmen Reinicke   


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3 mins read

Consumer confidence dropped to a record low this month amid trade-war fears, Bank of America says

US businesses are also beginning to show signs of worry. According to a September UBS survey, more …

Carmen Reinicke   


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1 min read

The coronavirus is raising alarm among consumers, the powerhouse of the US economy

Featured Digital Health Articles: - Telehealth Industry: Benefits, Services & Examples - Valu…

Gina Heeb   


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3 mins read

Here's the 'eye-popping' chart BlackRock CEO Larry Fink shared in his annual letter

"The two indices moved in lock-step with one another: when the market was at its depths, consumer s…

Elena Holodny   


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1 min read

Here comes consumer confidence ...

While improving sentiment is encouraging, it doesn't mean an economic boom is right around the corn…

Akin Oyedele   


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1 min read

Here comes consumer confidence ...

This will be the first consumer confidence report since Britain's vote to leave the European Union.…

Akin Oyedele   


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2 mins read

One Awesome Economic Story Was Confirmed Consistently Across Today's Mess Of Economic Data

"The economy is heating up," Rupkey said. "Right now, even if consumers buy not a dime more in Dece…

Business Insider Latest Story Image
1 min read

A gauge of US consumer comfort falls for the first time in 7 weeks as coronavirus cases climb

The slump in the index was led by a decline in buying attitudes and consumer sentiment from respond…

Carmen Reinicke