Consumer confidence falls Post-Black Friday while business optimism holds steady

Solely 22% (down 1 level) really feel higher off than a 12 months in the past, whereas 50% (up 3 factors) report being worse off.
Trying forward, 32% (down 2 factors) anticipate monetary enchancment over the subsequent 12 months, whereas 33% (up 4 factors) anticipate deterioration.

“The most important falls had been in households’ confidence of their monetary situations, particularly over the subsequent 12 months,” ANZ economist Madeline Dunk (pictured above left) mentioned. “The ‘time to purchase a significant family merchandise’ sub-index declined 2.7 factors… although nonetheless at its second-strongest degree since Could 2022.”