Consumer confidence sinks to historic lows amid inflation and economic uncertainty, while retail sales show mixed signals of growth and spending shifts.
A kind of cognitive dissonance has settled over retail — and the consumer.
Wall Street is way up and hitting new highs, but so are gas prices as the war with Iran lingers.
Retail earnings have been strong, but the outlooks aren’t what they could be.
And inflation has sales on the rise, but despite that show of spending stamina, consumers are only feeling worse.
Much worse, according to the University of Michigan’s Surveys of Consumers.
U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast…
Real wages shrank in April for the first time in three years. Two-thirds of consumers are pulling back. The stock market didn't…
Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in…
WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained…
U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast…
University of Michigan consumer sentiment hit a record low of 44.8 in May 2026 as the Iran war drives gas prices higher and…
