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The short-term expectations of consumers fall to the lowest level in 12 years


Consumer confidence It continued to decrease in March, with a measurement with a measurement of the short-term expectations of consumers to the lowest level in 12 years.

The conference management index, which results in a short-term worldview of consumers for personal income, as well as the work and labor market, fell to 9.6 points – in the lowest level and the lowest level in the 80s.

This Consumer Confidence Index Decreased to 77.9 on March 72.9, declining in the lower 94 and lowering LSE’s survey economists. The lowest reading for index since January 2021.

“Consumer confidence fell below a relatively narrow range of consecutive months in a row in March, the relatively narrow range, which prevailed since 2022,” said Stephanie Guichard, Chief Economist, Global Indicators in the Conference Council.

The federal reserve does not change the main percentage ratio of uncertainty on inflation

Buyers look at grocery prices

Consumer confidence has decreased more than economists in March. (Justin Sullivan / Getty Images)

“Five components of the index, only consumers’ evaluation laboratory Although the conditions were a little, it was a little.

“In the meantime, there has been an assessment of concerns about the economic and labor market, the economy and labor market in the last few months,” he said.

The US economy increased by 2.3% in the fourth quarter

The port of Charleston

Consumers expressed concerns about the tariffs leading to inflation and higher price. (Sam Wolfe / Bloomberg / Getty Images)

The conference management report was managed by consumers by consumers over the age of 35 to 55, mainly by the decline in confidence.

Confidence decreasing was widely seen among income groups, and was widely seen with households with more than $ 125,000.

Consumers increased by average 12-month inflation expectations, increased by 5.8% in February to 6.2% in March, “Consumers were worried about high prices for the main household staples like eggs and the effects of tariffs. “

How often does the market cut this year?

California for sale at home

The plans planned to buy consumers home decreased on the basis of six-month-long moving average. (Through Allen J. Schaben / Los Angeles Times / Getty Images)

Plans for significant shopping like houses and cars, if you plan to buy other large ticket items like a six-month-old moving average basis, device and electronics, potentially ask for consumers who want to buy before Tariffs Use Price Increase.

The Conference Council noted that the respondents were considered a written response Trump Administration’s policy He expressed concerns about the impact of inflation and trade war prices.

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“Comments on current management and its policy, both positive and negative, explain the reactions to those who affect the economic views. Trade Policy and Tariffs Especially in the rise. There were more references than usual for economic and political uncertainty. “



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