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USA-Consumer Sentiment
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
1. Various of Capitol building
FILE: New York City, USA - October 2024 (CCTV+ - No access Chinese mainland)
2. Various of street view, U.S. national flags, traffic, buildings
3. Various of port scene, Statue of Liberty
FILE: Washington D.C., USA - May 4, 2022 (CCTV - No access Chinese mainland)
4. Various of U.S. Federal Reserve building
FILE: Los Angeles, California, USA - 2020 (CCTV - No access Chinese mainland)
5. Various of employees, shoppers in supermarket
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
6. Various of shoppers, commodities in supermarket
FILE: San Francisco, USA - 2024 (CGTN - No access Chinese mainland)
7. Shops, pedestrians
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Pedestrians in street
The consumer sentiment for the United States fell to 64.7 in February, down from the preliminary reading of 67.8, according to a report released by the University of Michigan on Friday.
The figure is significantly down from 71.7 in January, marking the lowest level since November 2023, said the report.
The report attributed the sharp drop in consumer confidence primarily to concerns among respondents about President Donald Trump's potential tariff increases, which could lead to rising inflation rates.
According to the survey, U.S. consumers currently expect an inflation rate of 4.3 percent over the next year, with an average inflation rate of 3.5 percent anticipated over the next five years.
Long-term inflation expectations have reached their highest level in 30 years, the report said.
USA-Consumer Sentiment
Dateline : Feb 21, 2025/File
Location : United States
Duration : 0'59
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
1. Various of Capitol building
FILE: New York City, USA - October 2024 (CCTV+ - No access Chinese mainland)
2. Various of street view, U.S. national flags, traffic, buildings
3. Various of port scene, Statue of Liberty
FILE: Washington D.C., USA - May 4, 2022 (CCTV - No access Chinese mainland)
4. Various of U.S. Federal Reserve building
FILE: Los Angeles, California, USA - 2020 (CCTV - No access Chinese mainland)
5. Various of employees, shoppers in supermarket
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
6. Various of shoppers, commodities in supermarket
FILE: San Francisco, USA - 2024 (CGTN - No access Chinese mainland)
7. Shops, pedestrians
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Pedestrians in street
The consumer sentiment for the United States fell to 64.7 in February, down from the preliminary reading of 67.8, according to a report released by the University of Michigan on Friday.
The figure is significantly down from 71.7 in January, marking the lowest level since November 2023, said the report.
The report attributed the sharp drop in consumer confidence primarily to concerns among respondents about President Donald Trump's potential tariff increases, which could lead to rising inflation rates.
According to the survey, U.S. consumers currently expect an inflation rate of 4.3 percent over the next year, with an average inflation rate of 3.5 percent anticipated over the next five years.
Long-term inflation expectations have reached their highest level in 30 years, the report said.
ID : 8417085
Published : 2025-02-22 14:29
Last Modified : 2025-02-23 13:09:45
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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