Posted on 03/01/2023 11:58:08 AM PST by CFW
Consumer confidence took a turn for the worse in February with a sharp rise in pessimism about economic conditions in the months ahead.
The Conference Board said its index of consumer sentiment fell to 102.9 in February from a downwardly revised January reading of 106.0, Economists had forecast an increase to 108.5 after the initial January reading of 107.1.
The measure of consumers’ assessment of current business and labor market conditions actually improved to 152.8 from 151.1 last month as a rising share who said jobs were plentiful offset a deteriorating view of current business conditions.
(Excerpt) Read more at breitbart.com ...
Let's all take a drink!
Apparently these Washington DC types never shop for groceries, buy gas or heat their homes..............................
Exactly!
I wonder how these people maketheir projections? Or are their projections trying to sway people one way or other?
I stocked up and dont need much except produce/perishables
I suppose they think everyone is to shop daily? Remodel again? Keep buying new stuff weekly?
I could only hope the vast majority of congress were as sensible as Blutarsky.
Ray Charles saw this train wreck coming. Mozart heard it coming.
Many here predicted this is would happen after the State of the Union was over.
Or look at their 401k's, because they get a DB guaranteed retirement.
Really, I mean who doesn’t know that this country’s economy is on a cliff?
F that!!!
WE are giving trillions of dollars to the Ukraine.....and Biden is just going to OKAY it....
Millions of illegal's coming across our borders...and nothing is done about it!!!!
My kids are going to suffer this CRAP!!!
Suddenly dies...
Something else if anyone else is experiencing it. My husband lost his job and has put in no less than 25 applications. No calls back. He dropped back to a few entry level positions.
Is it possible all those help wanted signs are coming down due to the real economy.
They can fake statistics all they want, but if no one is buying widgets no one is hiring widget makers.
Sure helps the border crossers get political help though.
Biden and his media mouthpiece supporters are lying about the economy and the jobs situation. I know several universities issued hiring freezes over a year ago. Departments have to get approval from upper administration to fill positions, and when someone retires, they spread that persons duties among two or three other employees and do not fill that position.
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