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#economy

407 postitusega74 osalejaga49 postitust täna
Jätkatud lõim

#Inflation fears drove much of the downturn. Respondents expect inflation a year from now to run at a 5% rate, up 0.1 percentage point from the mid-month reading & a 0.7 percentage point acceleration from February. 🚨🚨At the 5-year horizon, the outlook now is for 4.1%, the first time the survey has had a reading above 4% since February 1993.🚨🚨

#Trump #economy #tariffs #jobs #insecurity #trumpcession #recession
data.sca.isr.umich.edu/

data.sca.isr.umich.eduSurveys of Consumers
Jätkatud lõim

#Consumer sentiment worsens as #inflation fears grow, University of Michigan survey shows

It was the 3rd consecutive decrease & stretched across party lines & income groups, survey dir Joanne Hsu said.

…In addition to worries about the current state of affairs, the survey's index of consumer expectations tumbled to 52.6, down 17.8% from 1 month ago & 32% for the same period in 2024.

#Trump #economy #tariffs #jobs #insecurity #trumpcession #recession
cnbc.com/2025/03/28/consumer-s

CNBCConsumer sentiment worsens as inflation fears grow, University of Michigan survey showsThe closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.

Nearly all of the replacement parts on the shelves inside Fred Billeh's Warehouse in Chicago came from the countries facing new #tariffs. He estimates his warehouse carries "millions" of parts.

The INSUR Information Institute had already forecast premium increases this year of about 7%, & that was before the new tariffs.

🚨"The impact of the tariffs will create a "ripple" effect, with tariffs today being felt in 12 to 18 months.

#Inflation #Trumpcession #Economy #USPol cbsnews.com/news/trumps-tariff

#US #stocks are falling steeply Friday following discouraging updates on inflation & how much US households may be willing to spend given all the #uncertainty about #Trump’s escalating #TradeWar.

The S&P 500 was down 1.5% in midday trading. That would make this the 5th losing week in the last 6 for the index….

The Dow was down 520 points, or 1.2%, as of 11:30AM ET, & the Nasdaq composite was 2.1% lower.

#economy #tariffs #jobs #insecurity #trumpcession #recession
apnews.com/article/market-rate

The New York Stock Exchange, Monday, Jan. 27, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)
AP News · Stock market today: Wall Street drops following discouraging updates on US shoppers and inflationStan Choe poolt

LibreOffice downloads on the rise as users look to avoid subscription costs — “The free open-source Microsoft Office alternative is being downloaded by nearly 1 million users a week.” bocvip.com/809445/libreoffice- #Bonds #business #CurrentTrends #economy #Investment #IPOs #predictions #stocks