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by WarmWash 24 days ago
Sounds like internet sentiment and not research data.

It's kind of become socially taboo to not be suffering "in this economy", but on paper it's hard to see weakness in places that there isn't always weakness. As long as the 65-95% are doing well, there isn't going to be a collapse.
1 comments
forlorn_mammoth 24 days ago
The most recent U Michigan 'Survey of Consumer Sentiment', which is THE authorative source in the US, shows consumer sentiment at the lowest levels since the survey started in 1977

From the U Michigan page: https://www.sca.isr.umich.edu/

or from the FED https://fred.stlouisfed.org/series/UMCSENT

link
WarmWash 24 days ago
Sentiment is just vibes though.

Everyone hates Walmart but they still do gangbusters numbers.

So people may be hating, but they sure as hell are also still spending

https://fred.stlouisfed.org/series/PCEC96

link