Consumer Confidence Falters Despite Shutdown End

Consumer confidence sees a slight uptick post-shutdown but remains cautious, with a 29% drop from last year. Anxiety persists due to temporary funding, potential premium hikes, high unemployment, and inflation. Sixty-nine percent of consumers expect unemployment to rise, with job loss concerns at a two-year high. Younger individuals, aged 18-34, express the most pessimism. Stock investors sentiment improves then fades due to market declines.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.