Friday, May 8, 2026

President Donald Trump said U.S. consumer confidence is ‘way up.’ Metrics don’t bear that out - PolitiFact

Three traditional metrics on consumer confidence in the U.S. economy show it’s low today, and in at least one case, close to all-time lows. 

Inflation-adjusted consumer spending has fallen during President Donald Trump’s second term. Retail sales are robust, but with a major asterisk: 

Experts say this could reflect higher prices from Trump’s second-term tariffs rather than consumer optimism...

 https://www.politifact.com/factchecks/2026/may/06/donald-trump/consumer-confidence-sentiment-spending-second-term/


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