U.S. CONSUMER SENTIMENT DECLINED in February for the second consecutive month, ??10% from January, according to The University of Michigan’s latest Surveys of Consumers, released February 21st, 2025. The decrease was consistent across consumer groups by age, income, and wealth. YEAR-AHEAD INFLATION EXPECTATIONS ROSE SHARPLY from 3.3% in January to 4.3% in February, the highest reading since November 2023 and marking two consecutive months of unusually large increases. The current reading is now well above the 2.3-3.0% range seen in the two years prior to the pandemic. The increases in February were widespread and seen across income and age groups. U.S. stock markets fell sharply on February 21st, after the report was released. INVESTORS grew FEARFUL that weak consumer sentiment could lead to a PULLBACK in Americans’ SHOPPING HABITS. Consumer spending makes up >TWO-THIRDS of the U.S. economy. For more insights, ?? https://lnkd.in/geTz8YBH WinSolutions | Win on Impact supports investment in #southeastasia #startups?and #smallbusiness having viable sustainable innovations relating to #biodiversity, #healthyfood, #nutrition, #health and #healthcare for #EU market entry.
