Consumer Sentiment Slightly Uptick, But Still Gloomy
Update: 2025-12-19
Description
Consumer sentiment saw a slight uptick in December, but its still significantly lower than a year ago, indicating a broader decline in how consumers feel about the economy. Consumers express concerns about the economic outlook and expect unemployment to rise. The jobless rate hit a four-year high in November, and current economic conditions dropped by nearly thirty-three percent compared to last year. Despite these worries, consumer expectations for the future improved slightly in December. Consumers anticipate inflation to reach four point two percent in the next year, which is still higher than the three point three percent seen back in January. Overall, consumers remain cautious about the economys current state.
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