Topics

Posted 8/29/2023, 2:19:00 PM

U.S. consumer confidence retreats markedly in August, close to levels signaling recession

US consumer confidence dropped to 106.1 in August from 114 in the previous month, reversing gains made in June and July, with economists blaming higher gasoline prices as a key factor behind the decline.

marketwatch.com

Relevant topic timeline:

8/29/2023

Germany: Low consumer confidence expected to dip further

German consumer confidence is expected to decrease in September due to persistently high inflation rates and a lack of clear upward or downward trend in the consumption climate.

8/29/2023

US consumers' mood soured at the end of summer on inflation worries

Consumer confidence in the US fell in August due to concerns about inflation, reversing the optimism from the past two months, according to The Conference Board's Consumer Confidence Index.

8/29/2023

US Consumer Confidence Pulled Back in August

Consumer confidence fell in August 2023, erasing back-to-back increases in June and July, as consumers expressed concerns about rising prices, employment conditions, and future business prospects amidst a cooling labor market and high interest rates.

8/29/2023

US consumer confidence wanes with prices still high and signs of a cooling job market

Consumer confidence in the United States has plummeted as high prices and interest rates deter spending, with the Conference Board's consumer confidence index falling to 106.1 in August from a revised 114 in July.

9/3/2023

Why Consumer Confidence Is Dropping When the Economy Looks So Strong

Consumer confidence is dropping despite a strong economy, leading to questions about the factors influencing sentiment.

9/5/2023

U.S. Markets Dropped Tuesday; VinFast Auto Fell Furthest

U.S. markets experienced a drop on Tuesday, with VinFast Auto seeing the largest decline.

9/9/2023

Economic Anxiety Persists Despite Falling Inflation

Canadian consumer and business confidence has plummeted to its lowest levels since the pandemic, leading to a disconnect between the state of the economy and the public's negative sentiment, which could be attributed to anxiety-inducing inflation and concerns about rising interest rates as well as worsening structural problems such as unaffordable home prices and stagnant GDP per capita.

9/15/2023

Consumer Sentiment Falls Again in September on Economic Worries

Consumer sentiment in the US fell for the second month in a row in September, reflecting concerns about the economy, even though Americans believe that inflation will continue to slow.

9/18/2023

Homebuilder Confidence Plunges to Lowest Level Since April as Spiking Mortgage Rates Dampen Demand

Builder confidence in the US housing market unexpectedly dropped for the second consecutive month in September, as high mortgage rates dampened consumer demand for new homes.

9/18/2023

Homebuilder Confidence Drops to Lowest Level Since April as High Mortgage Rates Reduce Affordability

U.S. homebuilder confidence fell to its lowest level since April in September due to high interest rates, leading to decreased affordability for buyers and a decline in demand for new home construction.

Topics

Posted 8/29/2023, 2:19:00 PM

U.S. consumer confidence retreats markedly in August, close to levels signaling recession

marketwatch.com

Relevant topic timeline:

8/29/2023

Germany: Low consumer confidence expected to dip further

German consumer confidence is expected to decrease in September due to persistently high inflation rates and a lack of clear upward or downward trend in the consumption climate.

8/29/2023

US consumers' mood soured at the end of summer on inflation worries

Consumer confidence in the US fell in August due to concerns about inflation, reversing the optimism from the past two months, according to The Conference Board's Consumer Confidence Index.

8/29/2023

US Consumer Confidence Pulled Back in August

8/29/2023

US consumer confidence wanes with prices still high and signs of a cooling job market

9/3/2023

Why Consumer Confidence Is Dropping When the Economy Looks So Strong

Consumer confidence is dropping despite a strong economy, leading to questions about the factors influencing sentiment.

9/5/2023

U.S. Markets Dropped Tuesday; VinFast Auto Fell Furthest

U.S. markets experienced a drop on Tuesday, with VinFast Auto seeing the largest decline.

9/9/2023

Economic Anxiety Persists Despite Falling Inflation

9/15/2023

Consumer Sentiment Falls Again in September on Economic Worries

Consumer sentiment in the US fell for the second month in a row in September, reflecting concerns about the economy, even though Americans believe that inflation will continue to slow.

9/18/2023

Homebuilder Confidence Plunges to Lowest Level Since April as Spiking Mortgage Rates Dampen Demand

Builder confidence in the US housing market unexpectedly dropped for the second consecutive month in September, as high mortgage rates dampened consumer demand for new homes.

9/18/2023

Homebuilder Confidence Drops to Lowest Level Since April as High Mortgage Rates Reduce Affordability