Joe Biden began his presidency with positive job ratings and broad public confidence in his ability to deal with a number of major challenges – particularly the public health impact of the coronavirus. He starts his second year with diminished job approval and majorities expressing little or no confidence in […] Read more »
U.S. Economic Optimism Tumbles As Investors Turn Gloomy: IBD/TIPP
Optimism about the near-term outlook for the U.S. economy dived to an 18-month low as omicron case-levels exploded and inflation continued to hit generational highs, the new IBD/TIPP Poll finds. The major shift came among investors, who are suddenly feeling more bearish about the U.S. economic outlook than they’ve been […] Read more »
Slowing immigration worsens job market shortages
One of the biggest stories in America at the start of 2022 is what has been called the great resignation: people of all ages and occupations walking away from their jobs in the wake of the Covid-19 pandemic, leading to worker shortages. The forces behind those shortages are complex, from […] Read more »
Consumer Confidence Improved Again in December
The Conference Board Consumer Confidence Index® increased again in December, after an upward revision in November. The Index now stands at 115.8 (1985=100), up from 111.9 (an upward revision) in November. … “Consumer confidence improved further in December, following a very modest gain in November,” said Lynn Franco, Senior Director […] Read more »
Fox Business Poll: Voters think Biden is making inflation worse
Voters are worried about inflation — and they think the White House is making it worse. A new Fox Business poll finds that when it comes to rising prices, twice as many think the Biden administration’s actions are hurting rather than helping. In addition, by a 25-point margin, voters believe […] Read more »
U.S. consumer confidence sees most recent gains reversed
Days after news about the omicron variant of the COVID-19 virus broke, the Ipsos-Forbes Advisor U.S. Consumer Confidence Tracker is showing a drop of 1.8 points from two weeks ago and reading at 55.9. The Investment sub-index shows an even steeper decline of 3.6 points. This week’s survey also finds […] Read more »