✉news BusinessEconomy first seen 7 h ago, last 2 h ago, peak #7

Consumer sentiment gloomy but spending stays strong

Original: If Consumers Are So Down on the Economy, Why Are They Spending So Freely?

A puzzle is gripping economists: consumer confidence surveys remain deeply negative, yet households continue to spend freely on travel, dining and retail. Analysts are debating whether sentiment readings have lost predictive power, whether a strong labour market and wage growth are outweighing pessimism, or whether reported gloom simply no longer matches actual behaviour.

Why now: The gap between weak consumer confidence data and resilient spending is baffling economists and market watchers right now.

US consumersFederal Reserveeconomists

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Evidence

• If Consumers Are So Down on the Economy, Why Are They Spending So Freely? · Barron's

API: https://socialmediatrends-api.osmike.com/v1/trends/748915