Morning Consult’s U.S. consumer sentiment index in September declined to its lowest point in months as voters voice concerns over President Joe Biden’s handling of the economy. Consumer confidence is decreasing once again after having risen over the course of 2023 following lows during 2022, according to Morning Consult. Moreover, …

Click to read the rest HERE-> Consumer Confidence Plummets As Biden Approval Rating Slumps first posted at Conservative Daily News

Food banks across the U.S. are reporting a massive uptick in demand as Americans continue to struggle with inflation. Several food banks told the Daily Caller News Foundation that the volume of requests for food has risen to levels even higher than during the COVID-19 pandemic, as more people struggle …

Click to read the rest HERE-> Bidenomics: Food Banks Are Inundated With Requests For Aid As Inflation Bites first posted at Conservative Daily News

The number of jobs added to the U.S. economy has been increasingly inflated by public sector positions as the economy begins to cool, according to data from the Bureau of Labor Statistics (BLS). The 327,000 public jobs added for the year as of August 2023 made up 17.4% of total …

Click to read the rest HERE-> Gov’t Jobs Are Booming In Biden’s Economy, Data Shows first posted at Conservative Daily News

Secretary of the Treasury Janet Yellen claimed she did not “see any signs the economy is at risk of a downturn” during a Monday interview on CNBC. Yellen cited lower rates of inflation and a strong labor market in the interview. In August, the Bureau of Labor Statistics revised the …

Click to read the rest HERE-> ‘The Best Of All Worlds’: Janet Yellen Says She Doesn’t ‘See Any Signs’ Of An Economic Downturn first posted at Conservative Daily News

Half of Americans are priced out of the current car market, unable to spare the average loan payment for either a new or used car, following rising costs related to supply issues and interest rate hikes, according to experts. The car market could ease in the future, providing relief to …

Click to read the rest HERE-> Half Of Americans Are Priced Out Of The Car Market. Here’s Why first posted at Conservative Daily News

Republican Georgia Gov. Brian Kemp signed an executive order on Tuesday that declares a state of emergency due to high inflation and suspends fuel taxes. To combat high inflation, Kemp signed Executive Order 09.12.23.01 to temporarily suspend state taxes on diesel and motor fuel. The fuel-tax suspension is intended to …

Click to read the rest HERE-> Georgia Governor Kemp Declares Emergency Due to Inflation Caused by Bidenomics first posted at Conservative Daily News

The U.S. saw a sharp rise in the government’s supplemental poverty rate and a fall in real incomes for Americans in 2022, with the rate for children more than doubling, according to census data released Tuesday. The government’s Supplemental Poverty Measure (SPM), which calculates poverty by including the impact of …

Click to read the rest HERE-> Child Poverty More Than Doubled In Biden’s Second Year, Census Data Shows first posted at Conservative Daily News

Anyone managing a family or personal budget is feeling the pinch of higher energy, housing, clothing, household goods, and food prices. The Biden administration flooding the economy with borrowed dollars is killing the middle class. We can’t afford Joe Biden. Cartoon by Gary Varvel, commentary by R. Mitchell, Editor-in-Chief See …

Click to read the rest HERE-> How Bidenomics Works first posted at Conservative Daily News

The number of part-time jobs has increased dramatically in the U.S. since June while the number of full-time jobs in that same time frame has taken a hit, signaling a concerning trend in the job market toward part-time workers, according to the Bureau of Labor Statistics. Since June, the total …

Click to read the rest HERE-> There’s A Glaring Sign That Biden’s Jobs Market May Be Much Weaker Than Advertised first posted at Conservative Daily News

This past week as he marked the one-year anniversary of the Inflation Reduction Act, President Biden said that his economic policies known as “Bidenomics” are working. Assuming the goals of economic policy are price stability, full employment and economic growth, his policies fail. In other words, Bidenomics is not working. …

Click to read the rest HERE-> No Joe, Bidenomics Is Not Working first posted at Conservative Daily News

A new poll reveals that President Joe Biden’s approval ratings on the economy are low despite him traveling around the country on a “Bidenomics” tour as he campaigns for reelection. Biden, his wife and high-ranking members of his administration have been traveling across the country as part of an organized …

Click to read the rest HERE-> Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy first posted at Conservative Daily News

The U.S. added only 187,000 jobs in July, less than economists expected, as the unemployment rate fell to 3.5%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists had anticipated the country would add 200,000 jobs in July compared to 209,000 jobs in June and that unemployment would …

Click to read the rest HERE-> Jobs Market Cools Following Unexpectedly High Economic Growth | first posted at Conservative Daily News

The Biden administration is touting the unexpectedly good Growth Domestic Product numbers for the second quarter of 2023, showing the economy grew 2.4% year-over-year. Some experts are less optimistic, showing concern over economic indicators like rising government debt, consumer durables and nonresidential fixed investment. “We would need double-digit growth to …

Click to read the rest HERE-> Experts See Red Flags Even As Biden Takes Victory Lap On Economic Growth first posted at Conservative Daily News

Gas prices have quietly been on the rise over the summer as President Joe Biden and his administration have touted the merits of his “Bidenomics” agenda. U.S. oil prices jumped by nearly 4% last week, and the per-gallon price at the pump hit a national average of $3.75 Monday, the …

Click to read the rest HERE-> Gas Prices Are Quietly Creeping Back Up As Biden Admin Touts ‘Bidenomics’ first posted at Conservative Daily News

Foreign companies have been the biggest winners of President Joe Biden’s 2022 signature green energy and health care bill to date, according to analysis conducted by The Wall Street Journal. Overseas corporations, primarily from China, Japan and South Korea, could stand to reap billions in U.S. government subsidies made available …

Click to read the rest HERE-> Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law first posted at Conservative Daily News

The Producer Price Index, which measures inflation at the wholesale level, rose 8.6% in the 12 months before September, marking the largest single-year increase since the metric was created in 2010, the U.S. Bureau of Labor Statistics announced Thursday. The Labor Department reported Thursday that the Producer Price Index (PPI) decreased …

Click to read the rest HERE-> Wholesale Inflation Increases To Record High As Supply Chain Disruptions Continue first posted at Conservative Daily News