US consumer confidence plunges to lowest in 5 years on tariff worries
- Consumer confidence dropped 7.9 points in April to a level of 86, marking the lowest point since May 2020, according to the Conference Board.
- The Expectations Index fell 12.5 points to 54.4, the lowest level in 13 years, indicating a bleak outlook on the economy.
- The share of Americans expecting a recession in the next year reached a two-year high, as shown by the survey.
- Consumer pessimism has increased due to President Donald Trump's tariff regime and other economic actions, affecting both consumers and Wall Street.
170 Articles
170 Articles
U.S. Consumer Confidence Plummets to COVID-Era Level, amid the Trade War - The Florida Capital Star
by Henry Aleksandrov Americans’ confidence in the economy has been plummeting for the past five months, reaching its lowest level since the beginning of the COVID-19 pandemic, with many people reportedly being anxious about the impact of tariffs on their lives. On Tuesday, the Conference Board reported that its consumer confidence index declined 7.9 points in April, to 86, its lowest reading since May 2020, according to the Associated Press. T…
Consumer confidence declines as Trump marks 100 days; 'A lot of uncertainty,' UNL prof says
LINCOLN, Neb. (KLKN) — As President Donald Trump marks his 100th day in office, more and more families are concerned for their wallets. According to a report released Tuesday, consumer confidence is at its lowest since May 2020. Edward Balistreri, an economics professor at the University of Nebraska-Lincoln, said people are worried about the impact of tariffs. “There’s a lot...
Ticker: Consumer confidence drops to Covid-era low; UPS to slash 20,000 jobs
Americans' confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic as anxiety over the impact of tariffs takes a heavy toll.
Consumer Outlook Falls Sharply Even As Current Conditions and Economic Data Remains Solid
U.S. consumers’ confidence in the economic outlook fell sharply in April, driven by rising concerns over trade policy and financial market volatility, even as their assessment of current business and labor market conditions remained steady, according to a report released The post Consumer Outlook Falls Sharply Even As Current Conditions and Economic Data Remains Solid appeared first on Breitbart.
Joe Weisenthal: Everything Screams Recession
The markets may be hanging in there but they also held strong in early 2020—right up until Covid hit New York. Meanwhile, tariffs are driving consumer confidence down, firms are talking about cutting back on hiring and investments, and Goldman Sachs is predicting that the U.S. will have the highest inflation and lowest growth of any developed economy this year. Plus, Scott Bessent is not a calming influence, and Trump has a real 'War on Christma…
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