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US Consumer Sentiment Slips in October on Frustration Over High Prices
US News and World Report ^
| Oct. 11, 2024, at 10:38 a.m.
| ap
Posted on 10/11/2024 8:57:13 AM PDT by BenLurkin
The index slipped to 68.9 in October from 70.1 in September, which had been its highest reading since May. "Consumers continue to express frustration over high prices,” said Joanne Hsu, director of consumer surveys at University of Michigan.
...
The survey bottomed out in June 2022, when inflation peaked at 9.1%, and has since risen by about 40%, though it remains significantly below pre-pandemic levels. In October, Republicans reported a much clearer drop in sentiment than Democrats.
(Excerpt) Read more at usnews.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bidenflation; consumersentiment; highprices
1
posted on
10/11/2024 8:57:13 AM PDT
by
BenLurkin
To: BenLurkin
Anger over the non-existent inflation. Isn’t that right, Harris?
2
posted on
10/11/2024 8:59:38 AM PDT
by
CatOwner
(Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
To: CatOwner
US Consumer Sentiment Slips in October on Frustration Over High Prices Hey kommie-la, Given the latest (highly suspect) CPI/PPI numbers, prices aren't coming down anytime soon.
3
posted on
10/11/2024 9:11:04 AM PDT
by
The Sons of Liberty
(President Trump saved by DIVINE INTERVENTION. GOD CONTINUES TO BLESS AMERICA!!!)
To: The Sons of Liberty
General prices don't come down. The best we can hope for is wages going up faster than prices for a while. But both parties are pushing hyperimmigration to prevent that.
The nickel, quarter or even dollar candy bar aren't ever coming back unless inflation gets so bad that the currency has to be revalued like Zimbabwe or Venezuela.
4
posted on
10/11/2024 9:27:35 AM PDT
by
KarlInOhio
(7/13/2024:The day the Democrats and their SA chose assassination as their primary political tool.)
To: CatOwner
5
posted on
10/11/2024 10:52:25 AM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion, or satire, or both.)
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