US consumer sentiment has declined for a 3rd straight month to its lowest level since November 2023. The consumer sentiment index fell from 69.1 in May to 65.6 in June, well below expectations of 72. Americans' perception of their personal finances plummeted. Despite resilient growth in the US economy, higher prices remained a pain point. The University of Michigan consumer sentiment survey showed sentiment hit its lowest level in seven months. On the other hand, US homebuilder sentiment unexpectedly declined in June to the lowest level this year due to record high input costs and rising mortgage rates.
US Homebuilder Confidence Slides to Lowest Level This Year US homebuilder sentiment unexpectedly declined in June to the lowest level this year as mortgage rates near 7% limited prospective-buyer interest and weighed on the demand outlook. “Persistently high mortgage rates are…
Homebuilder sentiment tumbles again in Jun to 43, half of where it was at the start of '21; record high input costs and the end of near-zero interest rates have proven too much for builders to maintain previous levels of supply: https://t.co/uJhLdRoUfh
🇺🇸 #Housing | US Homebuilder Confidence Slides to Lowest Level This Year - Bloomberg https://t.co/1MX8tltyWQ
US homebuilder sentiment unexpectedly declined in June to the lowest level this year https://t.co/HUSRPhLKgZ
Home-builder sentiment has slumped to its lowest level of the year https://t.co/hqnX71B5Xi
Homebuilder sentiment has dropped to the lowest level this year! Sign? (chart @NAHBhome) https://t.co/RQlux0DJDq
Why consumer sentiment fell to a seven-month low. The government prides itself on a strong economy, while spending, tax, and debt policies make citizens poorer. https://t.co/THt049tyb2
Why Consumer Sentiment Fell To A Seven-Month Low https://t.co/JqebfgUTrE
US Consumer Confidence Is Tanking, 5.3% Inflation Expected the cliff-notes: • the University of Michigan consumer sentiment survey tanked into contraction from 69.1 to 65.6 it was a huge, statistically impressive 3-sigma (standard deviation) miss below the mean analyst estimate… https://t.co/BPgLEoEgV2
US consumer sentiment regarding the stock market is rising: ~41% of Americans believe that stock prices will be higher in 12 months, a fresh 3-year high. Since October 2023, this percentage has increased by 7 points and is now rising at its fastest pace since 2020. Since the… https://t.co/nDkR08Fq34
Consumer sentiment tumbled in June, despite largely resilient growth in the US economy, as higher prices remained a pain point for Americans. The latest University of Michigan consumer sentiment survey released Friday showed sentiment hit its lowest level in seven months. https://t.co/hzQIFCw1Kk
Consumer Sentiment fell to its lowest level of the year https://t.co/cLPYKUOsLv
BREAKING: US consumer sentiment has declined for a 3rd straight month to its lowest level since November 2023. The consumer sentiment index fell from 69.1 in May to 65.6 in June, well below expectations of 72. Americans' perception of their personal finances plummeted by 12… https://t.co/E9g6LoS2ud