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progree

(12,721 posts)

23. Consumer confidence (Conference Board) went down again, it was reported today

Tue Dec 23, 2025, 11:56 AM

Dec 23

Last edited Tue Dec 23, 2025, 01:02 PM - Edit history (1)

Here's just a couple of excerpts

https://finance.yahoo.com/news/consumer-confidence-slides-december-lowest-151443095.html

Consumer confidence slides in December to lowest level since US tariffs rolled out in April, AP, 12/23/25

. . . The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December from November’s upwardly revised reading of 92.9. That is close to the 85.7 reading from April,

. . . Consumers’ assessments of their current economic situation tumbled 9.5 points to 116.8.

From the source:
https://www.conference-board.org/topics/consumer-confidence/

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Update: LBN Thread posted 3 minutes after posting this:
https://www.democraticunderground.com/10143587258

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Highlight:

U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows [View all] BumRushDaShow Dec 23 OP

Cooked data? sop Dec 23 #1

Any reason to believe Trump wouldn't lie to make himself look better? highplainsdem Dec 23 #7

Perish the thought. Hugin Dec 23 #8

When has he NOT cooked the books? Hieronymus Phact Dec 23 #20

This happens when we never get the real data FakeNoose Dec 23 #2

Anybody believe that? sinkingfeeling Dec 23 #3

Hell no.................. Lovie777 Dec 23 #4

Nope LoisB Dec 23 #13

you know bdamomma Dec 23 #14

Nope Rebl2 Dec 23 #15

Let's see.... OldBaldy1701E Dec 23 #36

How much of this is based on higher cost due to tariffs? DemMedic Dec 23 #5

Much (maybe most) of personal consumption was for Healthcare underpants Dec 23 #26

Very disturbing fujiyamasan Dec 24 #38

On the one hand, I don't want the economy to collapse, True Dough Dec 23 #6

Trump fired the Commissioner of BLS because he didn't like the numbers. djacq Dec 23 #9

I believe we are in a full recession. Main Street is hurting! OrlandoDem2 Dec 23 #10

I heard Rebl2 Dec 23 #17

And what effect did this have on prices or consumer sentiment? mwb970 Dec 23 #11

Okun's law--not really a law but informative--would suggest this number is not accurate, but there are caveats. Ol Janx Spirit Dec 23 #12

don't believe it Nigrum Cattus Dec 23 #16

This has been a hard year for econ statistics due to massive policy changes. mathematic Dec 23 #18

And when the real numbers are finally released the sudden drop off will be blamed on Democrats. groundloop Dec 23 #19

Bullshit. SamKnause Dec 23 #21

Hardy Har Har tavernier Dec 23 #22

Consumer confidence (Conference Board) went down again, it was reported today progree Dec 23 #23

I smell some B$ over in the Trump Barn IbogaProject Dec 23 #24

Reuters on Q3 GDP - progree Dec 23 #25

I think it's the October one. The shutdown delayed a lot of reports / data collection. Calista241 Dec 23 #27

I think the number is bogus. OLDMDDEM Dec 23 #28

LOL LOL LOL bucolic_frolic Dec 23 #29

It seems to me that there are too separate issues here, and that we shouldn't conflate them. markodochartaigh Dec 23 #30

My wallet says it didn't grow 4.3%, not for me at least. OC375 Dec 23 #31

Did CNBC fact check this stuff you know go over to the BLS to see what they have to say......... turbinetree Dec 23 #32

Fake stats Ritabert Dec 23 #33

Data are legit but extremely misleading (and almost certainly skewed because of the shutdown) Wiz Imp Dec 23 #34

I do not trust any numbers from the trump assholes LetMyPeopleVote Dec 23 #35

chocolate rations are up! SonOfNebanaube Dec 23 #37