Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

DemocratSinceBirth

(100,867 posts)
Fri Mar 14, 2025, 10:18 AM Mar 14

****BREAKING NEWS****Consumer sentiment falls to 29-month low. Uncertainty rises due to TSF actions. [View all]

The numbers: A burst of optimism after Donald Trump won the presidential election has evaporated, as Americans weigh the effect of tariffs and other aggressive moves by the president to reshape the government and the economy.

A survey of consumer sentiment fell to a 29-month low of 57.6 in March, the University of Michigan said. The index registered 64.7 in February.

Consumer sentiment helps gauge how Americans feel about their own finances as well as the broader economy.

The stock market has fallen sharply in response to President Trump’s tariffs and renewed talk of recession. Persistent inflation and high egg prices have added to the worries.

“Many consumers cited the high level of uncertainty around policy and other economic factors,” said Joanne Hsu, director of the survey. “Frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences.”

https://www.marketwatch.com/story/consumer-sentiment-falls-to-29-month-low-uncertainty-rises-due-to-trump-actions-11af2795


I'm of two minds about TSF killing our economy. It's all fun and game until someone loses their job, their investment, and their savings.
22 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
64.7 Feb, Econs expected 64, they got 57.6. It fell off a cliff. Big red flag, but tRump-Muck-Lutnick will ignore. nt Bernardo de La Paz Mar 14 #1
"THE BEATINGS WILL CONTINUE!" durablend Mar 14 #4
On your note about killing the economy, Qutzupalotl Mar 14 #2
Elections have consequences. Initech Mar 14 #3
And the consequence of this last Federal election is that there won't be any more GoYouPackersGo Mar 14 #18
The only way this tyrannical regime is removed is by death or force. Initech Mar 14 #19
Perfect opportunity for oligarchs to take control Owens Mar 14 #5
Repeat after me... GiqueCee Mar 14 #6
DOW up 560. multigraincracker Mar 14 #7
Wait until end of day... then tell me it's up. NotHardly Mar 14 #10
Closed $675. multigraincracker Mar 14 #15
A headline at Yahoo Finance says the market's climb today is relief that a government shutdown is likely to be avoided progree Mar 14 #14
tRump and Eloon called in some favors...... SergeStorms Mar 14 #16
It's giving "climate change isn't real because it snowed today." W_HAMILTON Mar 14 #17
Single day upticks typical for last 2 months don't mean the trend is reversed uponit7771 Mar 14 #21
Love them saying people are saving to put it in the stock market. Blue Full Moon Mar 14 #8
Close your wallets. Don't spend in this dictatorship. It just provides money for our 2 Hitlers! OrlandoDem2 Mar 14 #9
Why is it still Figarosmom Mar 14 #11
It's not a percentage. Rather it's some score that is indexed to 1966 equals 100 (Graph) progree Mar 14 #12
12 month inflation expectation: from 4.3% to 4.9%, 5 year inflation expectation: from 3.5% to 3.9% (34 year high) progree Mar 14 #13
The University of Michigan had the audacity to absyntheminded Mar 14 #20
Consumer confidence depends on peoples' feeling of security. Aussie105 Mar 14 #22
Latest Discussions»General Discussion»****BREAKING NEWS****Cons...