USA: Confidence in American consumers in nearly 4 years star-news.press/wp

In the United States, the consumer trust has had the most powerful February drop in February, according to August 2021, according to the Monthly Survey of the Congress Commission. As for the economy Stéphanie Guichard, Americans decreased that the economic impacts that the innovation of inflation and Donald Trump could threaten to impose in Canada.

The decline in consumer trust is fairly clear in February. We feel nervous (looking at the future). It is a sign of concern, but for now, it is not dramaticStéphanie Guichard explained, economist Conference Committee In the show It looks at USThursday.

This survey is the third month of the confidence index identified index that Americans had the state of the mind of those who visited their economy.

Consumer opinions of current labor market conditions have been weakened, says the muscles.

According to him, America consumers still perceive the labor market favorableBut they also say that When something is well, it should not last.

Thus, pessimism on employment perspectives deteriorated and has reached its highest level in ten months, indicates the results published on the newest survey.

Among the five components of the index, the current business situation consumer evaluation has improved, although somewhat.

Starting the scary inflation

American consumers are concerned about the renewal of inflation. For example, inflation was accelerated in January in the United States, registering for more than + 3% more than a year.

According to Conference CommitteeAverage inflation forecasts for the next 12 months In February, he jumped by 5.2% in the United States. This increase probably reflects a set of factors, including rigid inflation, but also the rise in the prices of main domestic products, such as eggs and customs duties expectedIt explains Mrs. Guichard in a press release.

In the results, references on trade and customs rights have increased significantly, achieving a unique level since 2019. In particular, comments about the current administration and its policies have dominated the answers.

Budget Stéphanie Guichard, main economist on the conference committee, in a press release

The increase in the price of very popular products has also dyed Americans consumers. Specifically, the United States is currently raising the price of eggs in the day of the day, with 13 dollars, for the flu bird.

It’s something that affects consumer morals. For example, in our questionnaire, we ask people what is the aspect that causes the most view of your economy, and we saw several mentions about eggs. So we see that consumers dissolveMrs. Guichard emphasizes.

2025-02-28 03:39:00

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