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Connect scattered updates into a story you can understand.
In October, S&P 500 constituent companies mentioned inflation 820 times during earnings calls, marking the highest level since February 2024. Companies are simultaneously concerned about rising costs and weakening consumer confidence.
A preliminary University of Michigan survey shows U.S. consumer confidence rebounded about 6%, but remains 10% below February; inflation expectations for the next 1 year fell to 4.3%. The cost of living remains respondents' top concern.
BlockBeats reported that Trump said U.S. consumer confidence is rising 7.5%, calling it a substantial increase.
The University of Michigan's final consumer sentiment index fell to 48 points, while inflation expectations for the next 1 years and for five to years rose to their highest levels since May.
United States October Preliminary consumer confidence fell to 46.3, the Current Economic Conditions Index fell to an all-time low, while one-year and long-term inflation expectations both rose. 1
The University of Michigan survey showed that U.S. consumer confidence fell, with future 1-year inflation expectations rising from 4.0%to 4.6%, while long-term expectations rose to 3.4%。
