One Golden State yardstick of shopper psyche is off 17% in two months, down 24% in a year.
”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.My trusty spreadsheet looked at August’s California consumer confidence index to see how all the economic news translates to shopper sentiment and compared those measurements with US optimism. The index is a key barometer for business owners and political policymakers in a big election year.
Nationally, consumer skittishness is far milder: a 6% dip in two months and a 5% decrease over 12 months puts it 10% below 2015-19.Let’s ponder the two index slices that show steep drops in Californians’ view of today’s economy and future finances. The Golden State’s “expectations” measurement is off 11% in two months, off 16% in a year, and down 19% vs. 2015-19. Nationally, expectations are actually up 13% in two months but off 1% in a year and 15% below 2015-19.Even “red” states, including California’s two top economic rivals, have mixed economic views.
The median forecasted inflation rate from consumers was 4% – the lowest projection since March 2020. And 32% of those polled see falling interest rates – the highest level since April 2020.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Golden State welcomes pandas to San Diego Zoo with California Panda DayPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Steph Curry agrees to one-year extension with Golden State Warriors worth a reported $62.6 millionSteph Curry has agreed to a one-year extension with the Golden State Warriors, the team announced on Thursday, reportedly worth $62.6 million.
Read more »
Nearly all California fast food restaurants hiked prices after state state's $20 minimum wage: surveyToday's Business Headlines
Read more »
OK State on SI's Score Predictions: Oklahoma State vs. South Dakota StateThe Cowboys could have a challenging start to their 2024 campaign.
Read more »
Every Washington State Touchdown From The Week One Win Over Portland StateTh Washington State Cougars scored ten touchdowns in their 70-30 drubbing of Portland State on Saturday. Here's how each one looked on the broadcast from The CW.
Read more »
Zach LaVine to Warriors? One NBA Insider Thinks It's a Good IdeaOne insider believes Chicago Bulls star Zach LaVine should go to the Golden State Warriors.
Read more »