Latest news with #ZetaEconomicIndex
USA Today
2 days ago
- Business
- USA Today
New data reveals a distressing number of Americans are worried about their jobs
New data reveals a distressing number of Americans are worried about their jobs If you're an American worker, you're probably worried about the future of your company. You're also are becoming more concerned about the overall U.S. business environment. Those are the deteriorating opinions found by Glassdoor, a job site and online work community. In the 70,000 responses that make up its May survey, 44% of workers expressed a positive six-month outlook for their companies—the lowest level recorded in the survey's nearly 10-year history. The downward trend began in March 2022, and coincided with inflation rising to a 40-year high and the Federal Reserve launching a series of interest rate hikes to combat rising prices. Economists will also get a preliminary reading on consumer sentiment Friday from the University of Michigan. Analysts predict it could improve slightly after it returned to levels not seen since inflation peaked at 9% in June 2022. On Wednesday, we'll learn if May's inflation rate held steady at 2.3%. Employees' confidence in businesses falls to new low Unable to view our graphics? Click here to see them. In an email to USA TODAY, Daniel Zhao, Glassdoor lead economist, said workers are "increasingly disillusioned with their employers" as they've been managing heavier workloads since 2022. "Many employees refer to several rounds of layoffs creating anxiety about when the next round will come or leaving teams understaffed and overworked," Zhao said. "This is also contributing to the feeling of economic uncertainty and anxiety among workers." In May, employee reviews referencing layoffs rose 9% from April, while mentions of 'uncertainty' surged 63% compared to the same time last year. 'Uncertainty isn't solely tied to policy changes, though some reviews do explicitly cite them,' said Zhao. Reviews with 'layoffs' and 'uncertainty' rise Another measure – the Zeta Economic Index – looks at trillions of digital interactions of 245 million people in the United States. Among the factors leading to the decline: Job market sentiment has dropped nearly 9% since last May. Still, Americans' outlooks vary significantly across industries. Some of the more pessimistic views appear tied to tariff-related developments. Confidence among construction and logistics workers dropped the most since April—down 2.6%—as tariff front-running has slowed. Meanwhile, manufacturing employees remain less optimistic than they were a year ago. Manufacturing workers' concerns were echoed in a separate monthly report released last week. The Institute for Supply Management's May survey showed that U.S. manufacturing contracted for the third consecutive month. Which employees are most, least confident about their companies The Glassdoor report highlights another troubling trend: Employee confidence among entry-level workers fell to a record low of 43.4 in May. While entry-level employees have historically reported lower confidence in their companies' outlooks, the gap between them and top leaders grew to about 18 percentage points last month. A recent report from Oxford Economics, a global economic forecasting company, found earlier in June that recent college graduates' opportunities – especially in tech jobs – have been limited by the rise of artificial intelligence and uncertainty surrounding President Donald Trump's tariff policies. How employee confidence differs by career level Less scientifically, Zhao said Glassdoor members' posts and comments are also pointing to greater uncertainty and burnout among U.S. workers: ◾ Business health: "It's not uncommon to hear whispers of unpaid invoices, delayed payments or urgent scrambles just to keep essential services running." ◾ More layoffs: "The company is facing ongoing challenges, and there have been a number of quiet layoffs." ◾ Burnout: "People are choosing to leave the company with nothing lined up simply because we are all so burnt out, and in this economy, I think that speaks volumes.'
Business Wire
03-06-2025
- Business
- Business Wire
Zeta Economic Index (ZEI) Shows Consumers in Holding Pattern as Stability Rises and Activity Cools
NEW YORK--(BUSINESS WIRE)-- Zeta Global (NYSE: ZETA), the AI Marketing Cloud, today released its May 2025 Zeta Economic Index (ZEI), revealing the consumer economy is in a steady, but cautious, holding pattern. While overall activity has cooled from Q1, financial stability continues to build. The ZEI's headline score held firm at 68.9, reflecting a modest 0.3% month-over-month dip, while the Economic Stability Index rose 1.3% quarter-over-quarter, suggesting households are on solid footing, even as sentiment softens. The Zeta Economic Index leverages Zeta's proprietary Generative AI to analyze trillions of behavioral signals from over 245 million U.S. consumers, offering a unique lens into real-time consumer activity. Unlike traditional surveys, ZEI derives insights from over 20 proprietary inputs, offering an unparalleled view of economic sentiment, trends, and spending patterns. The May ZEI reflects that consumers remain engaged but are increasingly selective. Retail activity ticked up 2.9% month-over-month (MoM), and credit indicators remained healthy, increasing 5.1% MoM. At the same time, browsing behavior dropped significantly (42.7% MoM), suggesting that consumers are still spending but with more caution and less spontaneity. It's a continuation of recent trends: a recalibration shaped by seasonal shifts and ongoing uncertainty. 'The ZEI isn't showing an economic slowdown – it's a shift,' said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. 'Consumers are still active, but they're being more thoughtful about how and where they spend. That's why real-time behavioral data is so critical right now – it reveals intent long before it shows up in traditional economic reports. In moments like this, access to timely insight can help marketers turn uncertainty into competitive advantage by acting with clarity when others are waiting.' Other indicators tell a story of cautious progression. The New Mover Index rose 2.6% after several months of stagnation, hinting at early-stage life transitions beginning to pick back up. Yet Job Market Sentiment declined slightly (–0.8% MoM) and remains notably down year-over-year, suggesting that underlying concerns about job security or wage growth haven't fully eased. Economic Breakdown by Sector May's sector performance reveals a clear pattern of consumer selectivity, with households prioritizing essential and experiential categories while pulling back from certain other discretionary areas: Retail emerged as the standout performer with a 7.5 point MoM increase, fueled by rising sales activity and foot traffic as households leaned into early summer purchases and seasonal shopping patterns. Entertainment posted a solid 3.2 point MoM gain, reflecting increased engagement with live events, streaming, and seasonal social activities as consumers prioritize experiential spending. Healthcare experienced an 8.0 point MoM decline, likely influenced by recent healthcare pricing transparency rules and ongoing policy changes that are creating consumer uncertainty in medical spending decisions. The Travel sector's 2.3 point MoM decrease suggests that consumers are opting for more local experiences over larger travel commitments, possibly reflecting value sensitivity and budget consciousness. Technology dipped 1.5 points MoM, indicating a natural correction from previous spikes as consumers have become more selective about tech purchases and upgrades. The Zeta Economic Index is publicly available here and is provided as a complimentary service. It should not be considered investment advice or be relied upon to make investment decisions. About Zeta Global Zeta Global (NYSE: ZETA) is the AI Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry's largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in New York City with offices around the world. To learn more, go to Forward-Looking Statements This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning our anticipated future financial performance, our market opportunities and our expectations regarding our business plan and strategies. These statements often include words such as 'anticipate,' 'believe,' 'could,' 'estimates,' 'expect,' 'forecast,' 'guidance,' 'intend,' 'may,' 'outlook,' 'plan,' 'projects,' 'should,' 'suggests,' 'targets,' 'will,' 'would' and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and the forward-looking statements are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Yahoo
04-03-2025
- Business
- Yahoo
February's Zeta Economic Index (ZEI): U.S. Economy Holds Steady Amid Policy Shifts and Consumer Sentiment Dips
Consumer Confidence Falls 7%, Yet Economic Activity Remains Resilient; Financial Services Surges While Travel and Tech Face Headwinds NEW YORK, March 04, 2025--(BUSINESS WIRE)--Zeta Global (NYSE:ZETA), the AI Marketing Cloud, today released the Zeta Economic Index (ZEI) for February 2025. Powered by Zeta's proprietary Generative AI technology and real-time consumer behavior from over 245 million US consumers, the ZEI provides a unique perspective on the resilience and trajectory of the U.S. economy. The Economic Index Score (EIS), the ZEI's primary measure of US economic health, stands at 70.3, reflecting a 0.8% month-over-month (MoM) decrease. Despite this modest pullback, economic stability remains intact, with the Economic Stability Index (ESI) at 66.9, marking a 0.6% quarter-over-quarter (QoQ) improvement. This divergence between consumer sentiment and economic activity is particularly striking. Consumer confidence dropped nearly 7%, exceeding economists' expectations, amid inflation concerns and policy changes. Yet, spending behavior remains robust, suggesting that while Americans feel uncertain, their behavior remains broadly unchanged so far. The job market is also showing resilience, with the U.S. Bureau of Labor Statistics (BLS) reporting stronger job growth in November, December, and January than the entire year prior. "While consumer sentiment has softened, actual economic activity remains steady, which is consistent with similar patterns in the past," said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. "The ZEI's ability to track real-world behavior, rather than just stated perceptions, gives businesses a critical edge in understanding market dynamics. Despite ongoing uncertainty, the data reveals an economy that continues to adapt and expand." Additional highlights from the February 2025 ZEI: Consumer Credit Dynamics Signal Economic Confidence: Despite cautious discretionary spending (-0.4% MoM), Credit Line Expansion Intent rose 146.4% YoY with a 2.3% MoM rise, suggesting consumers remain willing to leverage credit to maintain lifestyles amid inflationary pressures, indicating an underlying confidence in future economic stability. Job Market Sentiment Rebounds: After January's sharp decline, Job Market Sentiment rose 26.7% MoM to reach a 6-month high, reflecting renewed optimism in the private sector despite ongoing adjustments in public sector employment. Financial Services Outperforms: In February, Financial Services emerged as the standout performer (+2.3 points MoM), driven by deregulation efforts to make the U.S. a global leader in digital assets and expectations of eased regulatory scrutiny. Technology Sector Navigates Spending Uncertainty: Technology declined 3.0 points MoM as big tech stocks underperformed amid reassessment of AI infrastructure investments. Travel and Entertainment Weaken: The travel sector experienced the largest decline (-5.7 points MoM), affected by post-holiday seasonality, rising airfare costs, and new travel requirements like REAL ID implementation. Entertainment also declined (-3.3 points MoM) as consumers shift priorities toward savings and essential purchases. The Zeta Economic Index (ZEI) leverages Generative AI to analyze trillions of behavioral signals, recalibrating each month to reflect real-time consumer activity. Unlike traditional surveys, ZEI derives insights from over 20 proprietary inputs, offering an unparalleled view of economic sentiment, trends, and spending patterns. The Zeta Economic Index is publicly available here and is provided as a complimentary service. It should not be considered investment advice or be relied upon to make investment decisions. About Zeta GlobalZeta Global (NYSE: ZETA) is the AI Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry's largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in New York City with offices around the world. To learn more, go to Forward-Looking StatementsThis press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning our anticipated future financial performance, our market opportunities and our expectations regarding our business plan and strategies. These statements often include words such as "anticipate," "believe," "could," "estimates," "expect," "forecast," "guidance," "intend," "may," "outlook," "plan," "projects," "should," "suggests," "targets," "will," "would" and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and the forward-looking statements are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. View source version on Contacts Investor Relations Matt Pfauir@ Press Candace Deanpress@
