Tag: ConsumerConfidence

  • UoM Consumer Sentiment Index drops as inflation fears climb

    UoM Consumer Sentiment Index drops as inflation fears climb


    According to the University of Michigan’s (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about United States (US) President Donald Trump’s approach to economic policy and international trade. Trade war fears have knocked back consumer confidence, and consumer inflation expectations have also climbed.

    The Preliminary UoM Sentiment Index showed that aggregate consumer outlook contracted in January, falling to 67.8 compared to investors’ median forecasts of a climb to 71.8 from December’s 71.1. It’s the lowest reading in the UoM’s main sentiment index since July of last year, and the average US consumer may not be in as great shape or feeling as confident as Wall Street might have originally thought.

    UoM Consumer Inflation Expectations also rose across the board, climbing to 3.3% over the next 5 years and jumping to 4.3% over the next 12 months as multiple rounds of tariff threats take hold of the economy at the consumer level.



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  • US CB Consumer Confidence Index drops to 104.1 in January

    US CB Consumer Confidence Index drops to 104.1 in January


    • US CB Consumer Confidence Index declined in January. 
    • The US Dollar Index consolidates daily gains slightly below 108.00.

    Consumer sentiment in the US deteriorated in January, with the Conference Board’s (CB) Consumer Confidence Index declining to 104.1 from 109.5 in December.

    In this period, the Present Situation Index fell by 9.7 points to 134.3 and the Expectations Index dropped to 83.9. 

    Assessing the survey’s findings, “views of current labor market conditions fell for the first time since September, while assessments of business conditions weakened for the second month in a row,” said Dana M. Peterson, Chief Economist at The Conference Board.

    “Meanwhile, consumers were also less optimistic about future business conditions and, to a lesser extent, income. The return of pessimism about future employment prospects seen in December was confirmed in January,” Peterson added.

    Market reaction

    The US Dollar Index largely ignored this report and was last seen rising 0.42% on the day at 107.87.



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