The economy appears to be on stable ground—job growth remains steady, unemployment is near historic lows, and inflation is tracking at 2.4%.

But how is the average American consumer really feeling?

To answer that, we look at both hard data—like unemployment and inflation—and soft data, such as consumer surveys and sentiment polls. One widely used measure is the Consumer Confidence Index, which captures both current conditions and future expectations.

As of the end of April, the Present Situation Index stood at 133, significantly above the historical average of 103, indicating consumers feel confident about the current economy. However, the Expectations Index—which reflects outlook over the next six months—fell to just 54, marking its lowest level since 2011.

This stark contrast suggests that while consumers recognize today’s relative strength, uncertainty about the future is growing.

Mortgage rates holding steady. Lets get you pre-approved, soft credit pull.

http://www.YourApplicationOnline.com