{"id":1056495,"date":"2025-10-10T13:10:35","date_gmt":"2025-10-10T17:10:35","guid":{"rendered":"https:\/\/democrats.org\/?p=1056495"},"modified":"2025-10-10T13:10:36","modified_gmt":"2025-10-10T17:10:36","slug":"new-consumer-sentiment-dips-again-amid-rising-prices-and-disappearing-job-opportunities","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/new-consumer-sentiment-dips-again-amid-rising-prices-and-disappearing-job-opportunities\/","title":{"rendered":"NEW: Consumer Sentiment Dips Again Amid Rising Prices and Disappearing Job Opportunities"},"content":{"rendered":"\n
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New economic data on consumer sentiment<\/a> shows that Americans are fed up with Donald Trump\u2019s economy. Consumer confidence fell again as consumers continue to be pessimistic about the economy and concerned about high prices and a weakening job market. <\/p>\n\n\n\n

RealClearMarkets\u2019 Economic Optimism Index also dropped again<\/a> in October \u2014 and in yet another sign of fading trust in this administration’s handling of the economy, confidence in federal economic policies weakened compared to September.<\/p>\n\n\n\n

The New York Federal Reserve released<\/a> a similar report this week, which showed consumers have little confidence in Trump\u2019s economy and expect inflation to increase even more amid Trump\u2019s chaotic trade war. Despite Trump\u2019s claims that there is \u201cno inflation,\u201d economic data continues to show that Trump\u2019s disastrous economic policies will only worsen<\/a> inflation and benefit his rich friends in the top 1% \u2014 while working families get thrown under the bus. <\/p>\n\n\n\n

Earlier data from The Conference Board<\/a> shows that consumer confidence plunged in September, falling more than expected to its lowest point since April as Americans reported the largest-ever one-month decline in their views on their current financial situation. Confidence in job availability fell for the ninth straight month, and recession fears rose to their highest level since May.  <\/p>\n\n\n\n

In response, DNC Rapid Response Director Kendall Witmer released the following statement: <\/em><\/strong><\/p>\n\n\n\n

\u201cTrump is singlehandedly wrecking the economy and forcing more and more Americans into financial hardship. Working families are watching prices climb and jobs disappear as they dip into savings and worry about how to make ends meet. What is Donald Trump doing to help? Nothing. He\u2019s more focused on building his White House ballroom while refusing to prevent health care prices for 22 million people from going up, and bragging about his trade war that is decimating America\u2019s farmers. Democrats have shown up day after day, committed to lowering prices and protecting Americans\u2019 health care, while Trump sends the economy into even further chaos.\u201d<\/p>\n\n\n\n

Yesterday, Trump claimed he\u2019s built \u201cthe best economy we\u2019ve ever had<\/a>,\u201d but that\u2019s not the reality for working families. Prices on everything from groceries<\/a> to utilities<\/a> to Halloween candy <\/a>keep climbing while jobs are disappearing<\/a>. Credit scores this year have fallen<\/a> at the fastest rate since the Great Recession as families struggle with high cost of living. To make matters worse, one in three Americans indicated<\/a> they have no emergency savings set aside because of high inflation and frozen wages. As working families struggle to get by, billionaires are getting even richer from Trump\u2019s budget, which guts health care for working families to give massive tax handouts to the ultrarich.<\/p>\n","protected":false},"excerpt":{"rendered":"

New economic data on consumer sentiment shows that Americans are fed up with Donald Trump\u2019s economy. Consumer confidence fell again as consumers continue to be pessimistic about the economy and concerned about high prices and a weakening job market.  RealClearMarkets\u2019 Economic Optimism Index also dropped again in October \u2014 and in yet another sign of […]<\/p>\n","protected":false},"author":302,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1056495","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nNEW: Consumer Sentiment Dips Again Amid Rising Prices and Disappearing Job Opportunities - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/new-consumer-sentiment-dips-again-amid-rising-prices-and-disappearing-job-opportunities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-10T17:10:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-10T17:10:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tristin Byrd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tristin Byrd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/new-consumer-sentiment-dips-again-amid-rising-prices-and-disappearing-job-opportunities\/\",\"url\":\"https:\/\/democrats.org\/news\/new-consumer-sentiment-dips-again-amid-rising-prices-and-disappearing-job-opportunities\/\",\"name\":\"NEW: Consumer Sentiment Dips Again Amid Rising Prices and Disappearing Job Opportunities - 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