US consumer sentiment

US consumer sentiment plunges on tariff fears, inflation expectations jump

Trump has slapped a raft of tariffs on a wide range of goods from key trade partners such as Canada, China and the European Union, which have responded with duties of their own

Stubborn inflation, high borrowing costs and the end of pandemic savings continue to take a toll on household finances.

US consumer borrowing growth slows after near-record surge

US CONSUMERS dialled back the pace of borrowing in February after a near-record increase a month earlier.

Elevated borrowing costs are weighing on buying conditions for big-ticket items such as cars and certain appliances.

US consumer confidence drops by most since 2021 on outlook

US CONSUMER confidence fell this month by the most since August 2021 on concerns about the outlook for the broader economy, adding to evidence that uncertainty over the Trump administration’s policies...

The share of US consumers spontaneously mentioning high interest rates as a negative factor for buying conditions for homes, durable goods and vehicles all fell.

US consumer sentiment rises to six-month high on rate relief

Expectations about household incomes also rise to the highest level since June

Sales at petrol stations in the US dropped 1.2 per cent in August.

US retail sales slow on cooldown in cars, petrol spending

The slower sales figure is not expected to have a major impact on the US Federal Reserve’s calculus as it mulls over the size of rate cuts, an economist says

The survey’s reading of one-year inflation expectations fell for the fourth straight month to 2.7 per cent.

US consumer sentiment rises in September as inflation eases

US CONSUMER sentiment improved in September amid subsiding inflation, though Americans remained cautious ahead of the November presidential election, a survey showed on Friday (Sep 13).

The rise in sentiment was partially driven by President Joe Biden’s decision not to seek re-election.

US consumer sentiment increases for first time in five months

The sentiment index climbed to 67.8 from 66.4 in July

Flash US Composite PMI Output Index, which tracks the manufacturing and services sectors, edged up to 55.0 this month.

US business activity edges higher; pricing power diminishing

Average prices charged for goods and services rose at the slowest rate since January

The overall index of consumer sentiment came in at 66.0 this month, compared with a final reading of 68.2 in June.

US consumer sentiment ebbs in July; inflation expectations improve

US consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday (Jul 12).

Americans who are doing okay and who know that their neighbours are doing okay have somehow come to believe that bad things are happening somewhere else, to people they don’t know.

The matrix of consumer discontent

THE past two years have been very good for the US economy. Unemployment has crept up a bit, but not by a lot, and the employed share of Americans in their prime working years is higher than, to make a...