| Getty Images Key Takeaways Consumers are shifting their spending due to inflation, forgoing holiday travel for purchases like food, shelter, and major household appliances. Surprisingly, more Americ...
Tag: Expectations Index
Consumer Confidence Is Crumbling Despite Economic Expansion
Getty Images Key takeaways The Consumer Confidence Index fell 4.5 points between May and June to its lowest point since February 2021 (98.7) Despite low consumer confidence, the economy continues to e...