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Are UK households right to feel pessimistic about the economy right now?

by toryTracker733 votes

Consumer confidence keeps dipping, and households are acting like the recovery never quite arrived even when official figures try to sound upbeat. Optimists say sentiment always lags reality; pessimists say the vibe is the data. Are UK households right to feel this pessimistic?

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8 comments

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  • R
    river1061Vote hidden+5504h ago

    Pessimism is rational when mortgages reset and food stays sticky.

    H

    Yes, pessimism justified. Real incomes and housing tell the story.

  • C
    citylate206Vote hidden+4964h ago

    Consumer confidence is a lagging vibes index. Still matters for votes.

  • W
    wave.zara203Vote hidden+6214h ago

    Household sentiment always lags the turn. Still feels grim though.

  • U
    urbanroom167Vote hidden+5754h ago

    Not sure — depends if you're renting in the South East.

    C
    citylate986Vote hidden+6004h ago

    Sure, and pessimism is rational when mortgages reset and food stays sticky.

  • U
    urbanroom887Vote hidden+4504h ago

    Too pessimistic — employment is resilient and markets price recovery.

    J
    junorain_821Vote hidden+6214h ago

    Fair point, but consumer confidence is a lagging vibes index. Still matters for votes.