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Inflation Fears Rise to 13-Year High But Consumer Confidence Rises as Delta Variant Fades
Breitbart ^ | 10/26/2021 | John Carney

Posted on 10/26/2021 8:20:38 AM PDT by ChicagoConservative27

The fall of new coronavirus infections gave a boost to consumer confidence in October but inflation fears are still rising, the Conference Board said Tuesday.

“While short-term inflation concerns rose to a 13-year high, the impact on confidence was muted. The proportion of consumers planning to purchase homes, automobiles, and major appliances all increased in October—a sign that consumer spending will continue to support economic growth through the final months of 2021,” said Lynn Franco, the senior director of economic indicators at the Conference Board.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society
KEYWORDS: confidence; consumer; delta; inflation
Winter is coming. I feel another "strain" is going to pop up. Masks will continue.
1 posted on 10/26/2021 8:20:38 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

https://www.conference-board.org/data/consumerconfidence.cfm

Actually that a bit of spin. It seems feeling are rather mixed when you read the actual numbers


2 posted on 10/26/2021 8:28:32 AM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: ChicagoConservative27

Consumer confidence or a desire to buy thins before the double in price?


3 posted on 10/26/2021 8:37:49 AM PDT by circlecity
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To: ChicagoConservative27

Yes, it will be “OMG we can’t get together for the holidays” because of the next “we’re all going to die” strain....


4 posted on 10/26/2021 8:41:33 AM PDT by southernindymom
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To: ChicagoConservative27

I can’t be confident in anything until Herr Fauci tells me what I can and cannot do this fall and winter. I’m waiting with bated breath for his instructions.


5 posted on 10/26/2021 8:43:30 AM PDT by ProtectOurFreedom (“Everything Woke turns to shit.” ~ President Donald Trump)
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To: ProtectOurFreedom

behind my three masks


6 posted on 10/26/2021 8:48:18 AM PDT by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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To: joshua c

Yes, three masks really does help the bated breath.


7 posted on 10/26/2021 8:49:06 AM PDT by ProtectOurFreedom (“Everything Woke turns to shit.” ~ President Donald Trump)
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To: ChicagoConservative27

Nobody has their winter heat bill yet.


8 posted on 10/26/2021 9:28:14 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged )
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