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Why is consumer confidence slipping?

Consumers’ view of the economy seems to be turning more pessimistic. Consumer spending was down in December, and while surveys of consumer confidence and sentiment bounced back a little from lows in January, they remain near their lowest since November 2016. We asked Marketplace listeners who are feeling bearish about the economy despite the strong […]

Why is consumer confidence slipping?

Consumers’ view of the economy seems to be turning more pessimistic. Consumer spending was down in December, and while surveys of consumer confidence and sentiment bounced back a little from lows in January, they remain near their lowest since November 2016. We asked Marketplace listeners who are feeling bearish about the economy despite the strong job market and inflation outlook to explain what’s troubling them.

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