March 29, 2025
Consumer Sentiment Survey: This too shall pass
By Noel S. Williams
Consumer sentiment numbers are being driven lower by a financial press that is littered with liberal naysayers. They may occasionally strain to pay lip service to the historic investments President Trump is securing, but usually with a negative slant that focusses on potential global upheaval. Their coverage is so pessimistic that individual investors are being swayed, with bearish sentiment rising.
Under President Trump, good economic news such as reshoring manufacturing and locally sourcing materials crucial to our national security is portrayed as bad news. So is gaining trade concessions from India and Mexico. By contrast, perceived bad news is inflated, with the word “stagflation” being uttered recklessly. The worst possible ramifications for tariffs are presumed as legacy media dwells on the “pain” that Trump suggested may accompany his “Liberation Day” transition.
It’s taking a toll. On Friday, 28 March, the University of Michigan released it’s highly anticipated consumer sentiment index -- it fell, but some have dismissed their data as overly partisan. Earlier in the week, the Conference Board released its monthly Consumer Confidence survey results showing that consumer confidence fell in March. The Conference Board survey is based on an online sample of about 300 households each month, and purports to measure consumer confidence in the economy, including buying intentions and inflation expectations.
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https://www.americanthinker.com/blog/2025/03/consumer_sentiment_survey_this_too_shall_pass.html
