-
US: Consumer sentiment shows 'substantial decline' from last year amid higher prices, tough job market
Americans are heading into the holidays feeling worse about jobs and inflation than they did this time last year, with consumer sentiment hovering near record lows. Though the University of Michigan’s final reading of consumer sentiment for December showed a modest improvement of 1.9 points from November, the overall index remains 28.5% lower than it was a year ago at 52.9. Last December, the reading was at 74. "This is a very, very substantial decline over a relatively short period of time," Joanne Hsu, the director of the survey of consumers, said in a Yahoo Finance video appearance Friday. "Consumers ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
The Consumer Sentiment Index in the United States improved by 3.7% in December compared to the previous month, and reached 52.9, a final report posted by the University of Michigan revealed on Friday. However, the figure came lower than the preliminary report and declined by 28.5% on an annual level. The Current Economic Conditions Index decreased by 1.4% ...
WALLER HAD A ‘STRONG INTERVIEW’ FOR FED CHAIR WITH TRUMP AS PRESIDENT APPEARS TO TURN FOCUS TO JOB MARKET - CNBC TRUMP, WALLER DISCUSSED LABOR MARKET: CNBC
From kitco.com | Dec 19, 2025
The U.S. housing market continues to stabilize as sales of existing homes increased for the third consecutive month; however, the National Association of Realtors warned consumers that affordable housing remains a risk. Total existing-home sales—including single-family homes, townhomes, condominiums, and co-ops—increased 0.5% in November to a seasonally ...
