Ocurrió un error. Detalles Ocultar
Usted tiene páginas sin guardar. Restablecer Cancelar

Consumer sentiment among US residents surged in March to its highest value since 2004, according to the University of Michigan. An improving job market, expectations of increased disposable income from tax cuts, and prospects for continued economic growth offset concerns about tariffs and stock market volatility triggered by the US president’s impulsive tweets and policy shifts.

  • Growing confidence should help to stimulate consumer spending, roughly 69 percent of the US economy in the first quarter of 2018. 
  • The University of Michigan updates its Consumer Sentiment Index monthly based on the results of a 50-question survey of at least 500 residents of the continental US. The index seeks to capture consumer views of their own financial situation, the short-term general economy, and the long-term general economy.

The general distrust of US citizens toward big government is part of the national fabric dating back to its independence and is born out today in patterns of popularity of US presidents and the policies they represent compared to consumer sentiment.

  • The Vietnam War, Nixon's Watergate scandal, and racial strife in America contributed to a steady decline in consumer sentiment starting in 1964 to 1970, yielding abysmal approval ratings for sitting US presidents. It was 1980, however, that brought the Index to all-time lows as US economic conditions took a toll on consumer confidence and contributed to volatility in Reagan's popularity.
  • While under President Clinton consumer sentiment rose markedly, it crashed again under Bush and recovered somewhat under Obama and in the early days of the Trump administration. The index has yet to return to the levels witnessed under the strong economic conditions of the 1990s.
  • The Consumer Sentiment Index is sensitive to income and age differences among survey respondents. Unsurprisingly, the population at the lowest third of income always has the lowest index score. After the 2008 economic depression, the spread of index scores among the income brackets shrank dramatically and began spreadign again only in 2016 and 2017. Examining sentiment by age, 18-34 year olds have been reliably more confident than the 55+ population, reflecting the financial uncertainty of fixed income and social safety net in retirement.
Download our latest US ECONOMY cheat sheet Download

Download our latest US ECONOMY cheat sheet

The United States being the biggest economy in the world significantly influences the global economic situation. The US economy is comprehensively covered by data and statistics from multiple government and private sources. We selected the most significant and up-to-date ones and presented them in this cheat sheet.

Percepciones de datos relacionados

US Population by Age and Generation

Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates. The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security, and general health of each generation shapes everything from marketing campaigns to insurance and social welfare benefits to transportation and health...

Top Vehicle Manufacturers in the US Market, 1961-2016

Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50 percent of the US market share. GM’s share of the US market has decreased almost 3 times since its peak of 50.7 percent in 1962, falling to 17 percent in...

US Inflation Forecast 2018, 2019 and up to 2060, Data and Charts

Federal Open Market Committee (FOMC) in its latest meeting on March 21, forecasted that PCE inflation rate in the United States will average at 1.9 percent in 2018 then increase to 2.0 percent in 2019 and stabilize at around 2 percent over 2020. FOMC - monetary policymaking body of the U.S. Federal Reserve System seeking to foster price stability - publishes inflation projections from its all twelve members four times a year in connection with their meetings in March, June, September, and December. The next projection will be made on the next two-days meeting on December 12-13. PCE inflation refers to the percent change of Personal...

Pedestrian Fatalities Across the US

Among US states, California is the deadliest in terms of pedestrian fatalities. In 2016, 867 pedestrians were killed in road accidents in California. Texas and Florida have the next largest pedestrian death toll. But these three states also have the highest populations, so it is natural that they have more intense road traffic and correspondingly more road accidents and fatal outcomes. Accouting for population, the most dangerous states for pedestrians are New Mexico and Florida.   Read more about the increasing contribution of SUVs to the pedestrian death toll in the United States.