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Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold
Channel 3000 News/CNN ^ | February 25, 2025 | CNN Bitter LOSERS

Posted on 02/25/2025 8:46:31 AM PST by Diana in Wisconsin

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“Consumer behaviors are shifting,” said Michael Liersch, head of advice and planning at Wells Fargo, in a release. “The value of the dollar and what it is providing may not be as predictable anymore, which seems to be more pronounced for younger Americans.”

The survey showed that 82% of Gen Z adults and 79% of Millennials plan to pare back their spending in the coming months. Eating out or food delivery gave respondents the most sticker shock, according to the survey, followed by a tank of gas and prices for concerts or sporting events.

1 posted on 02/25/2025 8:46:31 AM PST by Diana in Wisconsin
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To: Diana in Wisconsin

Methinks this is all about EGGS.


2 posted on 02/25/2025 8:47:15 AM PST by montag813
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To: Diana in Wisconsin

Wasn’t CNN singing the praises of Bidenomics not long ago?


3 posted on 02/25/2025 8:47:23 AM PST by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: Diana in Wisconsin

Wait...WHUT? People are JUST NOW noticing problems in the economy, inflation, the price of eggs?

Sure, CNN. EVERYTHING has been hunky-dory with the, ‘Brandonconomy’ right up until TODAY.

*SPIT*


4 posted on 02/25/2025 8:47:54 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Diana in Wisconsin

After four years of telling us the economy was great and consumer confidence was high, suddenly the media has reversed the narrative. Yet, everyone I know who was pessimistic about the economy last year, are now more confident that the economy will get better.

why the big disconnect over the past 4 years between our personal experiences and the government agency and media’s reporting?


5 posted on 02/25/2025 8:49:40 AM PST by CFW
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To: CFW

“why the big disconnect over the past 4 years between our personal experiences and the government agency and media’s reporting?”

I know you’re not really asking a question, but:

A. Trump Derangement Syndrome.

B. The Enemy Media is a bunch of Socialist Democrat LIARS.


6 posted on 02/25/2025 8:52:31 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Diana in Wisconsin

It should start to level off now with the influx of illegal aliens dropping like a rock. Supply and demand.


7 posted on 02/25/2025 8:53:26 AM PST by FlingWingFlyer (The U.S. Government was not created to be a jobs program. )
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To: montag813

And Libs who said the Biden economy was great flipping in this poll.

Reality is prices are high. Rate of inflation may be under control, but all of the prices remain high.


8 posted on 02/25/2025 8:56:36 AM PST by Tipllub
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To: Tipllub

I thought we were told they’d be falling. That may have a lot yo do with sentiment.


9 posted on 02/25/2025 8:58:33 AM PST by joesbucks
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To: Diana in Wisconsin

I don’t know what they are talking about. I haven’t been this optimistic in 5 years. My confidence grows daily! Thank you God!


10 posted on 02/25/2025 8:59:26 AM PST by webheart (Kohms is what I call commies. They are not liberal or progressive. Eed Plebnista. )
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To: Diana in Wisconsin
University of Michigan’s consumer survey...

Clearly a beacon of Truth and Objectivity then handed to CNN to distribute. (sarcasm_off)

11 posted on 02/25/2025 8:59:43 AM PST by epluribus_2
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To: Diana in Wisconsin

Any angle of attack for the Gaslight Media.


12 posted on 02/25/2025 9:02:05 AM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: montag813

People are starting to feel that the next big bailout isn’t coming.


13 posted on 02/25/2025 9:02:45 AM PST by glorgau
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To: OttawaFreeper

The numbers are generated by the Conference Board, not CNN.

If you’re interested, you can look up their historic data at conference-board.org.


14 posted on 02/25/2025 9:05:55 AM PST by Miami Rebel (pro-)
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To: Diana in Wisconsin

The poll is a “rear-view mirror” opinion of rear-view mirror statistics, all of which reflect the waning months of the Biden administration. And then, only to the extent those stats were derived and reported faithfully.

In other words, it’s more of the Dem-aligned MSM running around yelling “FIRE, FIRE, FIRE!!!”.


15 posted on 02/25/2025 9:06:13 AM PST by Be Free (A pardon carries an imputation of guilt and acceptance of a confession of it. USSC: Burdick v. US)
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To: CFW

These are lagging indicators. Consumer and household debt are at record highs, this didn’t happen overnight…. And now the hopes of the government coming and rescuing folks who lived beyond their means are dashed. So theyre upset and forced into savings mode? Thats a good thing people.


16 posted on 02/25/2025 9:11:38 AM PST by MrRelevant
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To: Diana in Wisconsin

Consider the source.


17 posted on 02/25/2025 9:13:08 AM PST by HIDEK6 (God bless Donald Trump)
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To: Diana in Wisconsin

My Arse! I don’t believe this for a second.


18 posted on 02/25/2025 9:28:21 AM PST by hardspunned (Look for the“Putin Stooge” libel, news from Ukraine you’ve gradually grown to trust over 30 months s)
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To: Diana in Wisconsin

I got gas (regular) last week at $2.88 per gallon.


19 posted on 02/25/2025 9:34:13 AM PST by FroggyTheGremlim (Hail to Pitt!)
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To: OttawaFreeper

CNN, MSNBC, and the democrat party have so much egg on their faces, no wonder there’s an egg shortage…


20 posted on 02/25/2025 9:40:06 AM PST by telescope115 (I NEED MY SPACE!!! 🔭)
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