Diamond Member Pelican Press 0 Posted February 25, 2025 Diamond Member Share Posted February 25, 2025 This is the hidden content, please Sign In or Sign Up What Feb. consumer confidence says about the labor market The preliminary This is the hidden content, please Sign In or Sign Up reading shows that consumer confidence fell sharply to 98.3 in February, lower than the expected 102 and the prior reading of 104.1. The Conference Board senior US Economist Yelena Shulyatyeva joins Catalysts co-hosts Madison Mills and Seana Smith to discuss the factors driving this decline. Shulyatyeva acknowledges this was a “sharp drop,” with consumer confidence now at the lowest level of the range at which it has hovered for the last few years. However, she notes this number is still within a range that signals “healthy consumer spending.” Since this survey reflects labor market conditions, the sharp decline reveals that “consumers are not seeing great prospects in the labor market, and that is something to watch in the months ahead.” Shulyatyeva adds, “If that continues to deteriorate, that’s a big deal.” She also highlights that consumers remain concerned about inflation, especially amid uncertainty around tariffs. With inflation remaining sticky and tariffs potentially proving inflationary, she notes this combination presents “a big concern for the consumer.” To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #Feb #consumer #confidence #labor #market This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/227417-what-feb-consumer-confidence-says-about-the-labor-market/ Share on other sites More sharing options...
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