Consumer expectations immerses the lowest level in 12 years as a sign of recession signs star-news.press/wp

The size of the short-term expectations of consumers has been in the lowest level in 12 years, marking a figure that historically retreats.

From the Congress Commission, from a short-term perspective for business and labor market, it fell from 9.6 to 65.6 February to 65.2, below the 80th threshold of the 80th threshold of the 80th threshold.

“Consumer expectations were particularly dark, when future business requirements fall and future employment opportunities fall for 12-year-old,” Stephanie Guichard, the main economist of the global indicator of the Conference Committee, said in a note. “Meanwhile, consumer optimisms were about future income – it was relatively hard in recent months, largely disappeared, concerns about the economic and labor market began to expand the evaluations of the personal situations of consumers.”

The Council said consumer confidence fell in the fourth month following the fourth month after March and 2022 has fallen as a relatively narrow district. The decline of the stock market is likely to be worse in the approach, he said; He said; At the beginning of the month, the S & P 500 correction entered the territory, with a last time 10% – for the first time 2022.

Consumer confidence and expectations have made measurements of the committees in recent weeks of the President Donald Trump about the uncertainty about the impact of the strategy and the federal agencies to reduce the federal agencies.

Last week, University of Michigan celurbill His confidence index fell on the third month in March; The index of his future expectations, on the other hand, fell to the lowest level since the creation of the Covid-19 pandemic.

And the Federal New York Reserve celurbill This month, a year later, the houses’ fee expected a year later increased by 27.4%, the highest level of November 2023.

Consumers also worry that inflation does not slow down. The conference committee said the expectation of the year rose in the fourth month, who warned the survey’s answers to write “showed” inflation is a great concern for consumers “.” It is also rise in “trade policies and rates that are rising.”

The expectations of the University of Michigan’s inflation, since November 2022, Jump to the highest reading in March, and there were two more unusual months of 0.5 points or more.

However, within the widespread and wide concerns, it proves that different groups feel more uncomfortable than others.

The conference committee has said that the decline in March was promoted by old consumers, especially those with at least 55 years old. On the contrary, he said trust among those who are actually 35 among children under 35. And the confidence of homes that earn more than $ 125,000 per year has continued to maintain continuously.

And the University of Michigan Survey In economic assessments continue to show deep divisions by political affiliation. Among the democrats, there are now the lowest levels of expectations in the register, Republicans maintain a much more beneficial approach. In fact, the views of the current conditions of Republicans are since August 2023.

On Tuesday, Stephen Miran, President of the White Economics, discarded the last chair of the current chair while highlighting the impact of deep political fractions in the responses of the survey while highlighting low releases, retail sales and stable demand for housing.

“I don’t think it has been a very great correlation in recent years and consumer expenditure in recent years,” Miranean said. “And if you go out on the street, people will go about his life, you know, they are receiving payments, they are making payments.” The economy goes on. “