Economist flags growing disconnect between sentiment and economic data
2 Sep 25 · 2d ago · 4 articles · 3 posts · 3 sources · development 2 of 2
Mohamed El-Erian noted on Bluesky that the divergence between consumer sentiment and broader economic activity data is widening, highlighting the gap between weak sentiment readings and other economic indicators.
“Despite political differences, consumers unanimously believe that the outlook for the economy has diminished.”
Joanne Hsu, Director, University of Michigan Surveys of Consumers · rss ↗
Joanne Hsu Director, University of Michigan Surveys of ConsumersMohamed A. El-Erian Economist
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 5 claims were published in its stretch
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first by Yahoo Finance, 2d ago · also Reuters, Quartz
2 more headlines
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first by Breitbart, 2d ago · also Bloomberg Markets
1 more headline
- US Consumer Sentiment Falls on Worries About Prices, Economy Bloomberg Markets · 2d ago
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first by The Hill, 2d ago
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first by Phys.org, 2d ago
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first by WSJ, 2d ago
What people said 3 voices · verbatim
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BREAKING: The Consumer Sentiment Index fell -3.6 points in September, to 48.1, its 2nd-lowest level in history. This marks the 2nd consecutive monthly decline, totaling -7.1 points. This comes as the Current Conditions Index decreased -1.0 point, to 50.9, its 4th-lowest reading
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US consumer sentiment fell to its second-lowest level on record in September as high gas prices further soured Americans’ views of the economy.
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The divergence between consumer sentiment and economic activity data is widening: The UMich consumer sentiment index fell to 48.1 in September, driven in part by a jump in one-year inflation expectations to 4.6% (up from 4.0% in August). Five-to-ten-year inflation ... 1 of 2
All 2 developments of US consumer sentiment hits 4-month low on inflation, trade… →
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