Why is US consumer confidence at a record low?
About this episode
The episode explores the paradox of rising job numbers and stock market highs alongside record low consumer confidence in the US.
US job numbers are rising and the stock market is booming near record highs. So why are consumers feeling so pessimistic about the economy? As a Mexican trade mission visits Canada, the two countries look to deepen economic ties. Also Instagram’s direct messages are no longer fully private, and gamers face higher prices as console costs climb. [Picture: Customers shop for groceries at a Publix supermarket in Miami, Florida, USA. Photo Credit: CRISTOBAL HERRERA-ULASHKEVICH/EPA-EFE/REX/Shutterstock
Topics covered
- US consumer confidence
- economic ties
- Instagram privacy
- gaming prices
- job market
- stock market
Mentioned in this episode
Organizations: Instagram
Places: US, Mexico, Canada, Miami, Florida, USA
More episodes of World Business Report
- Donald Trump warns EU of new tariffs by July 4
- EU and airlines disagree on fuel shortage concerns
- Air Asia boss admits high fuel costs are hard to manage
- How Ted Turner changed the media landscape
- India and Vietnam look to deepen economic ties
- Tensions rise in the Persian Gulf
Explore listener stats, chart rankings, contacts and more on the World Business Report podcast page.