Saturday, March 29, 2025

University of Michigan Consumer Confidence Survey March 2025

Keeping up with the news leads to greater awareness of shifts, changes, and adjustments. Consumer sentiment has experienced some challenges.

University of Michigan Consumer Confidence Survey March 2025

A couple of key points in the publication:

-Yearly inflation expections moved from 4.3% to 5% inflation expectations jumped up from 4.3% last month to 5.0%.

-Long-run inflation moved from 3.5% to 4.1%

-Concerns revolved around personal finances, business conditions, unemployment, and inflation.

-Unemployment expected to rise.

*The American Association of Economists has an older publication on the relationship between consumer confidence and spending. A little discussion on what causes consumer confidence to change. Consumer Confidence and Spending

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