Consumer confidence slumped in February amid recession concerns | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

American consumers felt much worse about the US economy in February amid rising interest rates and concerns about a potential recession, according to the latest survey data released Tuesday by the Conference Board

The business research group’s consumer confidence index fell to 102.9 in February from a downwardly revised 106 the month before. Economists were expecting the headline index to measure 108.5, according to Refinitiv consensus estimates.

The Conference Board’s confidence index and the University of Michigan’s twice-a-month consumer sentiment index are two leading gauges of consumers’ attitudes toward the current and future strength of the economy. Although the two indexes typically track similarly over time, the consumer confidence index is more influenced by employment and labor market conditions, while the Michigan sentiment index has a greater emphasis on household finances and the impact of inflation.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Raising interest rates only benefits credit card companies & banks while the middle class suffers

potential.. ok

They keep trying to push this recession thing but I still see people traveling, spending money, working., buying houses, cars…… why do news companies want a recession so badly?

We are already in a recession

Thanks Joe

Thank for voting for these clowns CNN and CNN drones

Thanks brandon

Psilocybin use is associated with lowered odds of crime arrests in US adults: A replication and extension

Welcome to Bidens America

The real shock is when one considers their retirement calculations and what the inflation and a permanent, higher tier of prices means

The fact is we have record low unemployment and facts don't care about your feelings

But you neglect to tell the rest of the story. CorporateGreed PriceGouging StockBuybacks relationship to rising prices. Please do your job even if you have to step on the toes of your sponsors. Don’t let money buy your silence.

Because you backed corruption from China the doj the clintons and the bidens. CNN sux

LetsGoBrandon

Thank your President!

Thanks Joe Biden

They should celebrate build back better and continue to elect those that will ensure that their living standard takes a dive for the worse

Local media reports suggest the poisonings have been going on for months and involved dozens of schools in a range of cities, forcing young students to be taken to the hospital. MahsaAmini IRGCterrorists

Why no concern over historic CEO Profits?

That’s because they are told to believe that by propaganda outlets

Maybe leave your dog at home

Another Biden failure.

Thanks Joebama

Speaking of surveys….

CNN, any comment?

Yes the economy is shit right now

Duh

I sell retail, there is no recession. Demand is up, discounts are rare, everyone is employed. There is no recession, it is a political attack against the current Administration.

according to sleepy Joe his plan is working, it’s just too bad fixed income and low income people just aren’t seeing it, it’s a shame you spend two dollars for a can of soup anymore at the grocery store shame on this administration

Biden is crushing Americans. The next few years will be horrible

But hey, we have the most diverse administration EVER….so we have that going for us….. 🤦‍♂️

The politicians are more concerned about the Ukrainian economy!

It’s just transitory

what American consumers felt is irrelevant for economy how much tax they pay matters

And yet, turn on any morning show and hear about how travel is way up. Such a conundrum.....we're nervous about our money, let's go to Disneyland!!!!!🙄🙄🙄

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen