Posted on 02/25/2025 11:04:58 AM PST by ChicagoConservative27
U.S. consumer confidence slid sharply in February, posting its steepest decline since August 2021, as Americans grew increasingly concerned about rising prices, weakening job prospects, and the broader economic outlook.
The Conference Board’s Consumer Confidence Index fell 7 points to 98.3, marking its third consecutive monthly decline and falling below economists’ expectations.
More troubling, the Expectations Index—a measure of consumers’ short-term outlook—dropped 9.3 points to 72.9, falling below the level historically associated with a looming recession for the first time since June 2024.
(Excerpt) Read more at breitbart.com ...
Throwing gold bars off the titanic has consequences.
This is still Biden’s economy. As opposed to increasing government spending which has immediate effects, cutting spending will take time to see.
Well, we know legacy media will say PDJT can’t get it done.
Inflation will take care of itself when the effects of a reduced Federal workforce and reduced Federal spending start showing up in the numbers. The 10-yr. Treasury note yield is trending down already, indicating investors already are positioning for this reality.
More fake news. They are just correcting from their lies 6 moos ago.
Damn. He’s still president?
I filled up my car with unleaded regular at $2.88 per gallon last week.
OK, eggs are expensive, but I don’t put eggs in my gas tank.
No smart az, but it will take some time to check the economic momentum he initiated and a bit longer to reverse it.
But you knew that didn’t you.
Ironically, falling consumer confidence will lower inflation.
Gas is the first consumer item that changes.
“No smart az, but it will take some time to check the economic momentum he initiated and a bit longer to reverse it.
But you knew that didn’t you.”
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Trump was already in office by the time this particular survey was done in early February.
Like it or not, everything that happens to the economy now belongs to Trump, just as it did with Biden until January 20th.
The salty leftists surveyed probably wanted to try to tank Trump with their responses.
It does for the press and those who don’t know any better of which you are obviously one.
Biden was still blaming his economic problems on Trump right up until he left office.
So, if you honestly believe what you are posting, you are too ignorant to know any better, if not, you are a disingenuous troll.
Pick one.
There is going to be downturn before things can get restructured. Trump is putting things in place to get the economy to a much better place. But it require pain first. some of Trumps actions really will slow things down in the short run. It will take time for the new oil to arrive. It will take time for new business to take hold. But in the end things can be much better.
Libs say this every time a Republican takes the WH after a disastrous Dem ala Reagan after Carter.
The dawn is always darker.
***No smart az, but it will take some time to check the economic momentum he initiated and a bit longer to reverse it.
But you knew that didn’t you.***
As I recall, about a month into Biden’s term gas began to sky rocket, there was no shortage of Republicans, including myself, who blamed him and his administration for that rise. Remember all the memes about what gas prices were just a month before vs then?
First this is 2 weeks after Trump takes office, second a few of Bidens early executive orders directly effected gasoline futures although it was more like 3 months, thirdly you as well as whatever “Republicans” you are referring to were misguided to assert that in the first 4 weeks.
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