Consumer sentiment has plummeted since the Biden presidency

C

Cypress

Well-known member

Observers shocked as consumer sentiment plunges after two months of Trump​

Consumer sentiment slid another 11% this month, with declines seen consistently across all groups by age, education, income, wealth, political affiliations, and geographic regions.

Sentiment has now fallen for three consecutive months and is currently down 22% from December 2024. While current economic conditions were little changed, expectations for the future deteriorated across multiple facets of the economy, including personal finances, labor markets, inflation, business conditions, and stock markets.

Many consumers cited the high level of uncertainty around policy and other economic factors; frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences.


 
Cypress said:

Observers shocked as consumer sentiment plunges after two months of Trump​

Consumer sentiment slid another 11% this month, with declines seen consistently across all groups by age, education, income, wealth, political affiliations, and geographic regions.

Sentiment has now fallen for three consecutive months and is currently down 22% from December 2024. While current economic conditions were little changed, expectations for the future deteriorated across multiple facets of the economy, including personal finances, labor markets, inflation, business conditions, and stock markets.

Many consumers cited the high level of uncertainty around policy and other economic factors; frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences.


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People won't spend when they aren't sure about a chaotic future
 
The Fed has predicted -2% gdp this year, which is a major recession, we are almost certainly already in it.

DOWD says that this recession is a few years late, delayed by dollar making and debt....but that this will make it a bad one.
 
Grokmaster said:
CPI, gas prices and inflation ALL DOWN IN FEBRUARY. Took less than 2 months.

Try to keep up.
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Inflation has been below three percent since June of last year. You're actually patting Trump on the back for that?

This poll is measuring consumer sentiment about the future. Trump's chaos, flip flopping, and uncertainty is making people nervous about the near future.
 
Cypress said:
Inflation has been below three percent since June of last year. You're actually patting Trump on the back for that?

This poll is measuring consumer sentiment about the future. Trump's chaos, flip flopping, and uncertainty is making people nervous about the near future.
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MAGAts aren't very bright and most of them on JPP are Abbie Normals.
 
Cypress said:

Observers shocked as consumer sentiment plunges after two months of Trump​

Consumer sentiment slid another 11% this month, with declines seen consistently across all groups by age, education, income, wealth, political affiliations, and geographic regions.

Sentiment has now fallen for three consecutive months and is currently down 22% from December 2024. While current economic conditions were little changed, expectations for the future deteriorated across multiple facets of the economy, including personal finances, labor markets, inflation, business conditions, and stock markets.

Many consumers cited the high level of uncertainty around policy and other economic factors; frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences.


Click to expand...
Leftie TDS has risen 1000%
 
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