Even with the rollout of vaccinations and federal action on a relief package, many consumers are wary about the future.
As goes the U.S. consumer, so goes the U.S. economy.
Consumers appear confident and willing to spend now, but they're worried about the future and haunted by memories of the Great Recession.
The early March sentiment survey from the University of Michigan shows Americans’ good feelings about the state of economy are up more than 4 percent and expectations for the future increased more than 5 percent. At the same time, there’s a growing pile of economic data pointing to a slowing economy. How does one square this? […]
By some economic measures, this has been a rough December. Stock prices? Falling. Markets? Volatile. Government? Might shut down. Interest rates? Gnashing of teeth. Recession coming? In the conversation. Consumers’ outlook on the economy? Improving. Wait, what? It’s true. Consumer sentiment rose in December. Why? Click the audio player above to hear the full story.