Consumer Confidence number 2nd lowest ever.

[Luckyone]

The Consumer Confidence number was released today at 10:00am and it was the 2nd lowest EVER. Last month's number was 52.2 and it was expected this month's number was going to be better (expected at 55) but it came in at 50.8.

United States Michigan Consumer Sentiment​

The University of Michigan consumer sentiment for the US dropped sharply to 50.8 in May 2025, down from 52.2 in April and well below market expectations of 53.4, according to preliminary estimates. This marks the fifth consecutive monthly decline, the lowest reading since June 2022, and the second-lowest on record, as mounting inflation expectations and renewed concerns over tariffs continue to weigh on sentiment. Both the current conditions index (57.6 vs 59.8) and expectations gauge (46.5 vs 47.3) worsened. Current assessments of personal finances sank nearly 10% on the basis of weakening incomes. Tariffs were spontaneously mentioned by nearly three-quarters of consumers, up from almost 60% in April; uncertainty over trade policy continues to dominate consumers’ thinking about the economy.​

 

[martybegan]

The Consumer Confidence number was released today at 10:00am and it was the 2nd lowest EVER. Last month's number was 52.2 and it was expected this month's number was going to be better (expected at 55) but it came in at 50.8.

United States Michigan Consumer Sentiment​

The University of Michigan consumer sentiment for the US dropped sharply to 50.8 in May 2025, down from 52.2 in April and well below market expectations of 53.4, according to preliminary estimates. This marks the fifth consecutive monthly decline, the lowest reading since June 2022, and the second-lowest on record, as mounting inflation expectations and renewed concerns over tariffs continue to weigh on sentiment. Both the current conditions index (57.6 vs 59.8) and expectations gauge (46.5 vs 47.3) worsened. Current assessments of personal finances sank nearly 10% on the basis of weakening incomes. Tariffs were spontaneously mentioned by nearly three-quarters of consumers, up from almost 60% in April; uncertainty over trade policy continues to dominate consumers’ thinking about the economy.​

So basically the Dem doom and gloom offensive is working marginally on people.

When it shoots back up after Trump's attempts on fixing things start to bear fruit, I doubt you will be posting about it.

 

[Meister]

Weird that they would have May's numbers when we are still in May.

 

[Meister]

On the national level, these numbers reflect the tariff scare. I'm curious how the full month of May
and the full month of June will turn out. Also, I'm more concerned with the national numbers and
not just Mi. numbers.
National numbers are much better than Mi. April numbers.
But, it's a good scare article

 

[John Edgar Slow Horses]

Let's go, Donald!

 

[Luckyone]

On the national level, these numbers reflect the tariff scare. I'm curious how the full month of May
and the full month of June will turn out. Also, I'm more concerned with the national numbers and
not just Mi. numbers.
National numbers are much better than Mi. April numbers.
But, it's a good scare article

it is what people are thinking. Here is the last Consumer Confidence number (not the Michigan one)

US Consumer Confidence Plunged Again in April​

Latest Press Release​

Updated: Tuesday, April 29, 2025

Consumers’ expectations for the future are at a 13-year low​

 

[John Edgar Slow Horses]

A 13 year low!

Trump break out your C game, at least, please.

 

[Meister]

it is what people are thinking. Here is the last Consumer Confidence number (not the Michigan one)

US Consumer Confidence Plunged Again in April​

Latest Press Release​

Updated: Tuesday, April 29, 2025

Consumers’ expectations for the future are at a 13-year low​

Stay tuned, Luckyone.
Inflation has come down, good tariff news, trillions
being invested, better employment news.

Yes, stay tuned Luckyone.

 

[Mashmont]

The Consumer Confidence number was released today at 10:00am and it was the 2nd lowest EVER. Last month's number was 52.2 and it was expected this month's number was going to be better (expected at 55) but it came in at 50.8.

United States Michigan Consumer Sentiment​

The University of Michigan consumer sentiment for the US dropped sharply to 50.8 in May 2025, down from 52.2 in April and well below market expectations of 53.4, according to preliminary estimates. This marks the fifth consecutive monthly decline, the lowest reading since June 2022, and the second-lowest on record, as mounting inflation expectations and renewed concerns over tariffs continue to weigh on sentiment. Both the current conditions index (57.6 vs 59.8) and expectations gauge (46.5 vs 47.3) worsened. Current assessments of personal finances sank nearly 10% on the basis of weakening incomes. Tariffs were spontaneously mentioned by nearly three-quarters of consumers, up from almost 60% in April; uncertainty over trade policy continues to dominate consumers’ thinking about the economy.​

This is just a reflection of the success of the leftwing media in influencing simpletons. It's not real.
I'll say it again. The leftwing media needs to be banned in this country. They are a cancer. That should be Job One for Trump, because if you eliminate their influence, then everything gets better; culture, the economy, morality. Everything.

 

[Shamrock17]

This is just a reflection of the success of the leftwing media in influencing simpletons. It's not real.
I'll say it again. The leftwing media needs to be banned in this country. They are a cancer. That should be Job One for Trump, because if you eliminate their influence, then everything gets better; culture, the economy, morality. Everything.

It's just another phony "orange man bad" type of outrage the legacy media pukes put out for the chumps, the anti-Trumps that will spread their propaganda like a wild fire in an echo chamber. Right now, economists are saying we are nowhere near recession territory. In fact, better than expected job reports, inflation declining despite consumer confidence sliding a bit are key indicators that the economy is stable.

 

[Luckyone]

Stay tuned, Luckyone.
Inflation has come down, good tariff news, trillions
being invested, better employment news.

Yes, stay tuned Luckyone.

Look, I pray that I am wrong about Trump but every fiber in my body and every brain cell in me, tells me that Trump will find a way to mess it up.

You also need to understand that I have been an official stock market analyst for 48 years, meaning that I read the probabilities of things happening very well.

JP Morgan still has the probabilities of a recession happening at 50% (down from 60% a month ago). Having said thyat

It's just another phony "orange man bad" type of outrage the legacy media pukes put out for the chumps, the anti-Trumps that will spread their propaganda like a wild fire in an echo chamber. Right now, economists are saying we are nowhere near recession territory. In fact, better than expected job reports, inflation declining despite consumer confidence sliding a bit are key indicators that the economy is stable.

I guess you know more than these people/companies below say, right?

JP Morgan says:

The probability of a recession remains at 60%​

April 15, 2025

Aggressive tariff policy could push the U.S. — and possibly the global economy — into recession this year.

AI Overview

Goldman Sachs has revised its estimate for a U.S. recession, lowering the chance to 35% from 45%. This change follows a period where the bank was expressing concerns about a recession due to escalating trade wars. The reduced odds reflect a more positive outlook, potentially influenced by a recent trade truce between the U.S. and China.

and from Forbes

How Close Is The U.S. To A Recession? Here’s What Key Indicators Say.​

 

[Toddsterpatriot]

it is what people are thinking. Here is the last Consumer Confidence number (not the Michigan one)

US Consumer Confidence Plunged Again in April​

Latest Press Release​

Updated: Tuesday, April 29, 2025

Consumers’ expectations for the future are at a 13-year low​

They were lower under Obama? LOL!

 

[Shamrock17]

They were lower under Obama? LOL!

How soon some forget.

Getting back to the O/P's point about consumer confidence falling under Trump well, consumer confidence remained low for much of Biden’s term, with Gallup’s Economic Confidence Index between -20 and -40, reflecting inflation’s impact. It began improving in 2024 but stayed below pre-pandemic levels.

 

[Luckyone]

How soon some forget.

Getting back to the O/P's point about consumer confidence falling under Trump well, consumer confidence remained low for much of Biden’s term, with Gallup’s Economic Confidence Index between -20 and -40, reflecting inflation’s impact. It began improving in 2024 but stayed below pre-pandemic levels.

Wow, you are almost as good at lying and giving misinformation as Trump is.

U.S. Economic Confidence at Highest Point Since 2000​

Jan 23, 2020 — The latest figure from Gallup's Economic Confidence Index is +40, the highest reading recorded since +44 in October 2000

 

[Meister]

Look, I pray that I am wrong about Trump but every fiber in my body and every brain cell in me, tells me that Trump will find a way to mess it up.

You also need to understand that I have been an official stock market analyst for 48 years, meaning that I read the probabilities of things happening very well.

JP Morgan still has the probabilities of a recession happening at 50% (down from 60% a month ago). Having said thyat


I guess you know more than these people/companies below say, right?

JP Morgan says:

The probability of a recession remains at 60%​

April 15, 2025

Aggressive tariff policy could push the U.S. — and possibly the global economy — into recession this year.

AI Overview

Goldman Sachs has revised its estimate for a U.S. recession, lowering the chance to 35% from 45%. This change follows a period where the bank was expressing concerns about a recession due to escalating trade wars. The reduced odds reflect a more positive outlook, potentially influenced by a recent trade truce between the U.S. and China.

and from Forbes

How Close Is The U.S. To A Recession? Here’s What Key Indicators Say.​

Apparently, Dimon doesn't talk to Trump that much to really understand where Trump is coming from
as using the tariffs as a negotiating tool. Seems Dimon only see this as black and white.

 

[Shamrock17]

Wow, you are almost as good at lying and giving misinformation as Trump is.

U.S. Economic Confidence at Highest Point Since 2000​

Jan 23, 2020 — The latest figure from Gallup's Economic Confidence Index is +40, the highest reading recorded since +44 in October 2000

Triggered? The 2022 technical recession (two quarters of negative GDP) was the closest Biden came to an official recession. By 2024, economic weakness due to inflation fueled pessimism in the economy.

You're very welcome.

 

[John Edgar Slow Horses]

This is just a reflection of the success of the leftwing media in influencing simpletons. It's not real.
I'll say it again. The leftwing media needs to be banned in this country. They are a cancer. That should be Job One for Trump, because if you eliminate their influence, then everything gets better; culture, the economy, morality. Everything.

The simpletons are MAGAt Minions on the right.

 

[Luckyone]

Apparently, Dimon doesn't talk to Trump that much to really understand where Trump is coming from
as using the tariffs as a negotiating tool. Seems Dimon only see this as black and white.

Look, what Trump has done with tariffs is considered a bad way of doing things. Reagan said it and almost every economist that I have ever heard or read have said the same thing. Trump is not using his head and "in my opinion", he did not get Xi to do anything. It was Trump backing off because of the response he got to the tariffs on China going up to 145% and China raising theirs to 125%.

Trump is the one that wanted to fix the problem he created. Xi simply went along because it made economic sense. Nonetheless, he made it very clear that he was not going to back down from a fight. He is not a liar and Trump is, meaning I believe what Xi said and don't believe Trump's lie that it was Xi that asked to talk about a tariff solution.

The excuse given by Trump that this raising and then lowering the tariffs was a plan all along, is bullshit. Trump went overboard and the response from all Americans (including many of his own supporters) scared the hell out of him and he flip-flopped, which is something he has done many times before.

Xi is an Autocrat and a VERY strong one that will not back off and cower as he would be thrown out by his own people if he ever did that. If you know anything about Chinese culture, is that they do not believe in any kind of weakness.

This was all Trump backing down

 

[Eman623]

And yet the stores and restaurants are all full of shoppers and diners.

 

[John Edgar Slow Horses]

And yet the stores and restaurants are all full of shoppers and diners.

Americans spend money until they can't, and that time is coming sooner that later.