Consumer sentiment: Positive business outlook outweighs unemployment concerns

Consumer sentiment lifted for the third straight month in February, rising a modest 3% above January, supported by a 12% improvement in consumers’ outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers. However, sentiment remains well below its historical average; in spite […] Read more »

Americans not feeling impact of Biden agenda, Post-ABC poll finds

Two years into a presidency that the White House casts as the most effective in modern history, President Biden is set to deliver a State of the Union address Tuesday to a skeptical country with a majority of Americans saying they do not believe he has achieved much since taking […] Read more »

Short-Term Inflation Expectations Continue to Decline, Tick up Slightly in Longer Term

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline in the short term and were unchanged over the medium term. Longer-term inflation expectations edged up slightly. Household spending expectations fell sharply […] Read more »