Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

Consumer Confidence Plunges

September 16, 2019

The consumer represents more than two-thirds of the U.S. economy. And the latest University of Michigan survey of consumers shows that consumer sentiment has seen its largest monthly decline since 2012. The August index stands at 89.8, a decline of 8.7% M-O-M and 6% Y-O-Y. Tariff policies, fears of inflation, expected rising unemployment and smaller annual gains in household income are reportedly behind the drop in sentiment.

Read More | Read More