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Economy
Consumers
Consumer Sentiment Nosedives on Gyrating Economic Policies
University of Michigan’s consumer sentiment index fell to 57.9 in mid-March, the lowest level since 2022
Consumer sentiment in the U.S. sank this month, reflecting increasing unease over shape-shifting economic policies and their potential to drive inflation higher.
The University of Michigan’s closely watched index of consumer sentiment nosedived an additional 11% to 57.9 in mid-March from 64.7 last month, much weaker than expectations of 63.2. It marks the lowest level since 2022 and a third fall in as many months.
Compared to this time last year, consumer sentiment is down 27%. A loss of confidence can be a headwind for economic growth, since consumers can delay or abandon planned purchases if they feel downbeat about their prospects.
https://www.wsj.com/economy/consumers/consumer-confidence-march-2025-drops-trump-trade-e7e0964d
Consumers
Consumer Sentiment Nosedives on Gyrating Economic Policies
University of Michigan’s consumer sentiment index fell to 57.9 in mid-March, the lowest level since 2022
Consumer sentiment in the U.S. sank this month, reflecting increasing unease over shape-shifting economic policies and their potential to drive inflation higher.
The University of Michigan’s closely watched index of consumer sentiment nosedived an additional 11% to 57.9 in mid-March from 64.7 last month, much weaker than expectations of 63.2. It marks the lowest level since 2022 and a third fall in as many months.
Compared to this time last year, consumer sentiment is down 27%. A loss of confidence can be a headwind for economic growth, since consumers can delay or abandon planned purchases if they feel downbeat about their prospects.
https://www.wsj.com/economy/consumers/consumer-confidence-march-2025-drops-trump-trade-e7e0964d
