Median one-year-ahead inflation expectations increased again in March, climbing from 6.0 percent in February to a new series high of 6.6 percent. At the three-year horizon, median inflation expectations ticked down to 3.7 percent from 3.8 percent, a decrease driven by respondents with no college education and with annual household […] Read more »
As Democrats point to strong economy, consumers see inflation
As Democrats look ahead to November, they see a lot of reasons for worry, but the economy tops their concerns. The way voters feel about their elected representatives is often directly tied to how they feel about their bank accounts — and right now Americans are not feeling good about […] Read more »
In economic views, inflation outweighs jobs
This week’s positive jobs report and the stronger employment rate aren’t entirely lost on Americans — just outweighed when they rate the economy. Many do say the job market is good and that jobs have increased over the last year – but it’s still inflation driving views, and even those […] Read more »
Economic sentiment recoups past two month’s losses
Economic sentiment continues its rebound. Ipsos-Forbes Advisor U.S. Consumer Confidence Tracker is up 1.9 points from two weeks ago to now read at 55.4. This rebound is most marked in the Investment and Current sub-indices, amid a recent market rally. The uptick in consumer confidence corresponds with improvement in President […] Read more »
Consumer Spending Growth Expectations Spike, while Inflation Expectations Edge Back Up
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the February 2022 Survey of Consumer Expectations, which shows an increase in short-and medium-term inflation expectations, reversing some of last month’s sharp declines. Median home price expectations, on the other hand, declined. Year-ahead earnings growth expectations remained […] Read more »
How real are the latest job numbers?
Friday was a good day for U.S. economic news, at least on the employment front. The Bureau of Labor Statistics reported the country added 678,000 jobs in February, and that’s coming off of 2021’s run of good reports. But before anyone runs around trumpeting that number, it might be better […] Read more »