Wednesday, May 1, 2024

Consumer Confidence

Power Line's Steve Hayward posts a politically relevant quote by Dana M. Peterson, Chief Economist at The Conference Board.

Confidence retreated further in April, reaching its lowest level since July 2022 as consumers became less positive about the current labor market situation, and more concerned about future business conditions, job availability, and income.

Bidenomics bites and the election is only six months away.