RCM/TIPP Economic Optimism Index Weakens in December
Consumers turn gloomy as the holiday season begins.
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Consumers turn gloomy as the holiday season begins.
Strongly unionized sectors have successfully secured wage hikes through strikes, contributing to ongoing inflation.
Thanks to Bidenomics, Americans can expect higher Thanksgiving meal costs this year.
83% plan significant AI investments in the coming year.
Troubles in this sector tend to trickle down to residential real estate and the overall banking sector.
The Fed's actions to combat inflation by raising interest rates, combined with Biden's unsustainable spending, are wreaking havoc in the bond market.
Unfortunately, Bidenomics is not a crowd puller.