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Consumer confidence plummets to two year low
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Date: February 5th, 2024 3:26 PM Author: Jet-lagged address hominid The Conference Board Consumer Confidence Index® rose in January to 114.8 (1985=100), up from a revised 108.0 in December. The reading was the highest since December 2021, and marked the third straight monthly increase. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—surged to 161.3 (1985=100) from 147.2 last month. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—improved to 83.8 (1985=100) in January, up from a revised reading of 81.9 in December.
“January’s increase in consumer confidence likely reflected slower inflation, anticipation of lower interest rates ahead, and generally favorable employment conditions as companies continue to hoard labor,” said Dana Peterson, Chief Economist at The Conference Board. “The gain was seen across all age groups, but largest for consumers 55 and over. Likewise, confidence improved for all incomes groups except the very top; only households earning $125,000+ saw a slight dip. January’s write-in responses revealed that consumers remain concerned about rising prices although inflation expectations fell to a three-year low. Buying plans dipped in January, but consumers continued to rate their income and personal finances favorably currently and over the next six months. Consumers’ Perceived Likelihood of a US Recession over the Next 12 Months continued to gradually ease in January, consistent with an Expectations Index rising above 80.”
https://www.conference-board.org/topics/consumer-confidence
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Date: February 5th, 2024 3:28 PM Author: contagious bossy lay are we at war with eurasia or eastasia (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369015) |
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Date: February 5th, 2024 3:29 PM Author: sickened mahogany goal in life water buffalo you should give your own money to the ukraine instead of making everyone else pay for it (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369022) |
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Date: February 5th, 2024 3:32 PM Author: Hideous Wine Idiot I wonder if Obeezy will kill himself after Biden still loses despite posting a year+ of economic propaganda on his behalf. lol (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369040) |
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Date: February 5th, 2024 3:38 PM Author: Jet-lagged address hominid Propaganda? Are you saying this is false?
Maybe the Cyber Ninjas need to audit the data amirite? ;-) |
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Date: February 5th, 2024 3:39 PM Author: Hideous Wine Idiot It can be 100% true and voters will STILL vote against Biden citing "economic reasons" in exit polls. I guarantee you will cry when that happens :) (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369077) |
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Date: February 5th, 2024 3:50 PM Author: Jet-lagged address hominid It’s certainly possible. Voters have blamed POTUSes for issues out of their control in the past.
IMO, if positive data like this continues through November, bitch boi donald is in trouble |
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Date: February 5th, 2024 3:52 PM Author: Hideous Wine Idiot Economic health is generally out of the President's control. All stimulus creates a debt that will be paid later. (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369114) |
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Date: February 5th, 2024 5:09 PM Author: Jet-lagged address hominid Agree, but seems unrelated to the point made about electoral fortunes in November. (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369438) |
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Date: February 5th, 2024 5:11 PM Author: Hideous Wine Idiot We’ll see! Sentiment indexes are generally not well-connected to feelings on the ground. (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369447) |
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Date: February 5th, 2024 5:51 PM Author: Jet-lagged address hominid That’s a pretty bold statement (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369592) |
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Date: February 5th, 2024 5:53 PM Author: Hideous Wine Idiot I am a Trumpmo so I’m definitionally not very smart (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369594) |
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Date: February 5th, 2024 4:03 PM Author: Zombie-like appetizing heaven party of the first part To be fair,
CR, and as the old saying goes: "It's the economy, stupid!"
Anyway, admittedly I'm a fucking retard so I'm not actually sure what the "#2 voter issue" is after the economy, but I'm sure Biden is polling great on whatever that one is, as well, because the fact is that he's a great leader and the American people recognize that and will reward him accordingly. Experts agree, the political science is settled. |
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Date: February 5th, 2024 3:35 PM Author: Boyish sandwich Cr the economy is great now (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369059) |
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Date: February 5th, 2024 4:03 PM Author: Zombie-like appetizing heaven party of the first part (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369170) |
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Date: February 5th, 2024 4:01 PM Author: Self-absorbed Motley Corn Cake Sneaky Criminal oh noes, prole and brainbird spending habits are now skewed into inflation?! the tragedy. (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#47369152) |
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Date: February 25th, 2025 1:23 PM Author: Jet-lagged address hominid Trump put a stop to this very quickly! (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#48693001) |
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Date: March 14th, 2025 4:00 PM Author: Jet-lagged address hominid Trump: “I can always prove libs wrong.” (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#48747848) |
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Date: March 14th, 2025 4:02 PM Author: Splenetic magenta knife stag film oh noes. not consumer confidence down to levels when the economy was booming!
let know when it hits 2011 or 2012 numbers. |
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Date: March 14th, 2025 4:09 PM Author: Jet-lagged address hominid Surprised to see you argue the Biden economy was “booming” (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#48747872) |
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Date: March 14th, 2025 4:13 PM Author: Bistre Odious Messiness That’s like the king of fake jewish numbers (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#48747885) |
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Date: April 21st, 2025 3:29 PM Author: Jet-lagged address hominid Lmao Donald made my flame post real 😂 (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#48867573) |
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Date: December 4th, 2025 3:14 PM Author: Civil Attorney (http://www.autoadmit.com/thread.php?thread_id=5486297&forum_id=2/#49483828) |