The Conference Board’s Consumer Confidence Index has fallen for the fourth straight month, pointing to economic growth possibly slowing. Still, it’s at historically strong levels (125.5). But what goes into that number? Feelings! Feelings of every-day consumers about how the economy is, how their personal situation is and how they expect it to be in coming months. Feelings can turn into dollars and can even signal a recession is coming.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.