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美国消费者信心低于预期 购买景气度指标跌至逾40年最低

Us consumer confidence falls to its lowest level in more than 40 years

市場資訊 ·  Sep 17, 2021 10:53

The initial consumer confidence index of the University of Michigan rose slightly to 71 from 70.3 in August.

The popularity of household durable goods, homes and cars has all fallen to their lowest level in decades.

Us consumer confidence rose slightly in early September, but is still near its lowest level in nearly a decade, and buying sentiment has deteriorated to its worst level since 1980 because of high prices.

Data released on Friday showed that the initial index of consumer confidence at the University of Michigan rose slightly to 71 from 70.3 in August, below the median forecast of 72 economists surveyed by Bloomberg.

The popularity of household durable goods, homes and cars has all fallen to their lowest level in decades. The main reason for the decline in buying gas is that consumers think prices are too high, the report said. They expect inflation to rise 4.7% in the coming year, the highest level since 2008.

As economic activity slowed, the spread of Delta mutants undermined consumer confidence, leading economists to downgrade their growth forecasts for the third quarter. Concerns about rising prices have also reduced consumer confidence in recent months.

"although older, poor and less educated families have repeatedly mentioned the decline in living standards, young, wealthy and better-educated families have also complained about high prices in the past few weeks," Richard Curtin, who is in charge of the survey, said in a statement.

The current status indicator fell from 78.5 to 77.1, the lowest since April 2020. According to the survey conducted from 25 August to 12 September, the expected indicator rose from 65.1 to 67.1.

While respondents became more optimistic about the short-term outlook for the economy and its finances in early September, consumer confidence has weakened in recent months. The report shows that consumers' long-term outlook for the economy has fallen to a 10-year low.

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