Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

What makes the dollar strong?

Aug 23, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Daily Pulse

Consumer sentiment slips

Joel Patterson Feb 10, 2012
Share Now on:

The Pulse is down a beat today on news that Americans are less enthusiastic about spending their hard-earned cash than we were a month ago. That’s according to the February consumer-sentiment index from Reuters and the University of Michigan. It fell 2.5 points, from a one-year high of 75 in January. (To give you a little perspective, the index has soared as high as 112 in January of 2000 and sunk as low as 55.3 in November 2008.)

The drop seems counterintuitive for those who follow macroeconomic issues closely. Markets are up (the Dow’s up more than 2,000 points since October), jobs are returning (the U.S. economy added 243,000 new jobs in January), wronged homeowners got some relief this week (in the form of a $25 billion settlement between big banks and the Feds), and even Greece seems to have grabbed a lifeline (in the form of a $172 billion eurozone bailout).

So why the fall dip in consumer sentiment?

Many economists are looking past the rose-tinted headlines and pointing out that average Americans are still struggling with real issues, like stagnant wages and creeping gas prices.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.