Surprise! US Consumer Mood Sours Again

Surprise! US Consumer Mood Sours Again

In news that will surprise exactly nobody (other than the several dozen economists whose forecasts were too upbeat), consumer confidence deteriorated further in September. Inflation concerns and Delta variant jitters catalyzed a veritable collapse in the University of Michigan's gauge in August, and the preliminary read for this month suggested things hadn't improved. It followed that the Conference Board's gauge likely didn't perk up either. At 109.3, the headline print for this month was wel
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One thought on “Surprise! US Consumer Mood Sours Again

  1. There is more going on than just covid here. Price rebound and supply chain problems are making consumers pull back too, granted that is a second order effect of covid. Well that is one way to rebuild inventories isn’t it?

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