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Consumer confidence

How are consumers feeling about the economy?

by Mitchell Hartman
Jul 30, 2021
There have been signs of robust economic growth, but consumer concerns are rising ... along with the surge of the Delta variant of COVID-19.
Some economists worry that the latest COVID-19 delta variant surge will make shoppers pull back again.
Angela Weiss/AFP via Getty Images
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COVID-19

Some signs point to falling consumer confidence as delta rises

by Marielle Segarra
Jul 26, 2021
Later this week we will learn how much consumers spent in June, and on what. But that might not be the best picture of what's going on now.
People walk through a shopping district in Brooklyn, New York. Recent surveys show a decline in consumer sentiment and concern about returning to offices and public spaces.
Spencer Platt via Getty Images
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COVID-19

NABE forecasters predict strong economic growth, ongoing recovery in 2021

by Mitchell Hartman
May 24, 2021
The economists say they expect employment to recover and that recent price spikes for some consumer goods should moderate.
The economists surveyed also expect increases in inflation to be short-lived.
Spencer Platt/Getty Images
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COVID-19

Consumer confidence surges on relief payments

by Mitchell Hartman
Mar 22, 2021
Morning Consult finds the American Rescue Plan boosted consumer confidence, with low- to middle-income Americans buoyed the most.
Optimism has increased since President Joe Biden signed the American Rescue Plan, which will likely lead to increased spending.
Samuel Corum/Getty Images
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The steel market is hot, but it won't last forever

by Kai Ryssdal and Sean McHenry
Mar 16, 2021
Delaware Steel President Lisa Goldenberg talks soaring steel prices and the possibility of a Biden infrastructure bill.
"Suppliers are making steel as fast as they can," Lisa Goldenberg says. Lead times are the "longest they've been in probably 15 years."
Scott Olson/Getty Images
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Consumer confidence shows wide partisan divide

by Mitchell Hartman
Feb 4, 2021
Republicans are bumming and Democrats are buoyant after the Biden inauguration, according to Morning Consult, a reverse of the Trump years.
Political victory or defeat can translate into economic hope or despair.
Kena Betancur/AFP via Getty Images
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COVID-19

Will the relief package boost consumer spending in 2021?

by Marielle Segarra
Dec 31, 2020
Ultimately, this money is a bridge until the virus is under control.
Women carry shopping bags while walking in Georgetown on Dec. 23, 2020, in Washington, D.C.
Alex Edelman/AFP via Getty Images
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COVID-19

Consumer confidence lackluster as the pandemic continues

by Mitchell Hartman
Dec 23, 2020
Even with the rollout of vaccinations and federal action on a relief package, many consumers are wary about the future.
Even with positive news about vaccinations, most of the news about the economy and COVID-spread has been downbeat lately.
Spencer Platt/Getty Images
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COVID-19

Growth in retail sales is slowing. That's a bad sign for the economy

by Mitchell Hartman
Nov 17, 2020
As goes the U.S. consumer, so goes the U.S. economy.
Shoppers walk in South Coast Plaza in August in Costa Mesa, California. Smaller retailers are having a harder time transitioning to online sales and adjusting to COVID-19 restrictions.
Mario Tama/Getty Images
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COVID-19

Older consumers may be less inclined to go out and spend as the pandemic continues

by Mitchell Hartman
Oct 28, 2020
Though rising stock and home values have helped older workers and retirees, they have less time to make up for financial losses.
Older Americans are also more leery of going out in the pandemic to shop at the mall, go to the gym or take a trip, according to data from research firm Morning Consult.
Dia Dipasupil/Getty Images
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