Consumer Confidence Archives

Businesses Are ‘Extremely Cautious’ Heading into New Year

American businesses are remaining "extremely cautious" as they head into the new year as recession fears continue to weigh heavy for 2023. One of the most hotly debated topics of 2022 has been the question of whether or not the U.S. economy is in recession. Yet corporate America is bracing…

American Consumers’ Sentiment on Economy Plummets, New Survey Shows

Sentiment regarding the U.S. economy is plummeting among American consumers, a new survey has revealed. Consumer sentiment fell this month, despite upwardly revised figures, according to the University of Michigan. In a newly released survey, the consumer sentiment index for November had deteriorated less than expected and was revised to…

Consumer Confidence Hits Record Low as Americans Become Deeply Pessimistic about Economy

Americans have never been this pessimistic about the economy, with consumer confidence now hitting record lows, according to new data. As soaring inflation erodes household purchasing power and threatens a cost-of-living crisis, the University of Michigan's consumer confidence index has plunged to a record low. In May, the Michigan consumer…

Fed Study Reveals How Long Americans Expect Soaring Inflation to Persist

A New York Fed study has revealed how much longer Americans expect to keep suffering from soaring inflation. The Fed's research paper says U.S. consumers expect no relief from high prices in the near term. Analysts believe that the current bout of booming inflation will keep percolating for the next…

Report Reveals Inflation’s Growing Impact on Dining Habits

Soaring inflation is having a direct impact on people's dining habits, a new report has revealed. The report, from marketing insights firm Acosta, shows that consumers are feeling the bite of inflation. People are responding by dining out less or choosing more affordable restaurants and meal options. In its foodservice-specific…

UK Consumer Confidence Hits Lowest Level since Records Began

Confidence among UK consumers has hit the lowest level since records began nearly five decades ago, according to a new report. The worrying drop in consumer confidence was revaled by business intelligence firm Growth from Knowledge (GfK). GfK’s long-running Consumer Confidence Index decreased two points to minus 40 in May.…