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Consumer Confidence Falls to Lowest Point in 12yrs
Posted on 9/29/26 at 2:00 pm
Posted on 9/29/26 at 2:00 pm
Repubs better hope Dems keep stepping on their D's going into midterms.
LINK
quote:
Consumer confidence plunged in September to its lowest reading since 2014 as investors face a wave of headwinds...
The Conference Board's consumer confidence index dropped to 81.9 from the previous month's reading of 88.6, which was revised down from 89.4, per Conference Board data published Tuesday. Economists had been looking for a sharply higher reading of 89.
quote:
"Consumers' write-in responses regarding factors affecting the economy were mostly pessimistic in September," Dana Peterson, chief economist at the Conference Board, said in a statement. "References to prices, the high cost of goods and services, and oil and gas prices in particular, rose to new heights."
LINK
This post was edited on 9/29/26 at 2:01 pm
Posted on 9/29/26 at 2:01 pm to Lsut81
“It’s worth it for our greatest ally.”
Posted on 9/29/26 at 2:03 pm to Lsut81
Posted on 9/29/26 at 2:15 pm to Green Chili Tiger
More good news...
quote:
Mortgage rates closed in on 7.6% Tuesday as Treasury yields continued to move higher.
The average 30-year fixed-rate mortgage rate hit 7.58% on Tuesday, per Mortgage News Daily. That's up 8 basis points from Monday, and is the highest level since November 2023.
Posted on 9/29/26 at 2:20 pm to Lsut81
It is worth it to support our greatest ally!
Posted on 9/29/26 at 2:26 pm to Lsut81
Best economy ever! The Dow Jones is over 50,000!
Posted on 9/30/26 at 1:37 pm to Green Chili Tiger
I thought Putin controlled him? Which is it, TDS figs? Get your story straight. Pick one.
Posted on 9/30/26 at 1:38 pm to Lsut81
quote:
Consumer Confidence Falls to Lowest Point in 12yrs
Ya that’s why people are still buying homes inflated like no other over the last 10 years and have all the fancy gadgets they can’t afford
Posted on 9/30/26 at 1:40 pm to DeBoar
This is how we win. By blaming the voters 
Posted on 9/30/26 at 1:41 pm to Brosef Stalin
The djia stands for Dow jones inflation average
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