The Conference Board’s May 2026 survey found consumers are specifically reducing expenditure on clothing footwear hobby items and games as inflation persists.
Tag: Inflation
US Consumer Confidence Index Falls to 93.1 in May on Inflationary War Pressures
The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
US Consumer Confidence Drops to 93.1 in May Citing Middle East Conflict Inflation
The Conference Board reported US consumer confidence dipped to 93.1 in May as concerns about war-driven inflation weighed on households.
Kevin Warsh Sworn In as Fed Chair Amid Iran Conflict Inflation Pressures
The new Federal Reserve chairman takes office facing an economy still rattled by war-driven energy costs.
30-Year Fixed Mortgage Rate Drops 6 Basis Points to 6.45% in Latest Week
US home loan rates dipped slightly from recent highs though they remain elevated due to war-driven inflation.
30-Year Fixed Mortgage Rate Averaged 6.51% in Week Ending May 22 2026
California property analysts warn of continued uncertainty as oil-driven inflation keeps rates high.
Americans Feeling Inflation Pinch Heading Into Memorial Day Holiday Weekend
As the Memorial Day long weekend begins US consumers report feeling persistent price pressures particularly in food energy and travel categories.
Trump Approval Rating Cratering as Tariff Costs Hit Each American Household by Roughly 1000 Dollars
A report found Trump’s poll numbers dropping as tariffs imposed real financial costs on ordinary Americans
May University of Michigan Consumer Sentiment Hits Record Low Amid Iran War Economic Fears
The University of Michigan’s consumer confidence index fell to its lowest-ever reading for May
Damage from Iran War Looms Larger in S&P Global Survey of US Companies Hitting Inflation and Employment
S&P Global data showed more US firms were citing Iran war impacts as a drag on business outlook and workforce plans