Dana Peterson

Current situations were worse in terms of their optimism.

That includes the business outlook as well as jobs available.

They were a little bit more optimistic about business and labor six months from now, but were still concerned about income, which is actually a bit new because typically they say that their incomes are okay.

This is a bit more interesting.

Then we typically see with the president going for an annual physical at Walter Reed.

That said, the White House has consistently pushed back on on people posting images, for example, of the president's bruised hands in various forms and really just any suggestion at all that there's anything wrong with his physical health.

When we did take the survey, consumers were still anticipating that the worst of the tariffs have not happened and that there's still going to be an uptick in inflation.

And indeed, the inflation expectations measure was still very elevated in the month.

As soon as tariffs were announced or mentioned, we saw consumer confidence start to fall.

And over the last, uh,

you know 12 to 13 months we've seen a trend downward in confidence again because consumers do understand that tariffs can lead to inflation and higher prices for them.

From our perspective, we only saw a little bit of an uptick in confidence.

And a lot of that was focused on people being a little less morose about the labor market currently.

as well as expectations for business conditions six months forward, as well as the labor market and incomes.

From our perspective, we only saw a little bit of an uptick in confidence.

And a lot of that was focused on people being a little less morose.

about the labor market currently, as well as expectations for business conditions six months forward, as well as the labor market and incomes.

They're saying prices are too high.

In terms of buying in the future, they're indicating that they're still going to shift away from things they don't need.

from December to even January.