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US consumer confidence tumbles for the 4th consecutive month to a 12-year low

  • U.S. Consumer confidence fell for the fourth consecutive month, declining 7.2 points to 92.9 in March, as reported by the Conference Board.
  • The Expectations Index dropped 9.6 points to 65.2, marking the lowest level in 12 years, according to the Conference Board.
  • A reading below 80 can indicate potential recession risks, as highlighted by the Conference Board's report.
  • Senior economist Stephanie Guichard noted that confidence has slipped below its steady range since 2022.
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Why Is Consumer Confidence Tanking?

Consumer confidence in the economy has plummeted since the start of the year and that can be chalked up to uncertainty more than anything else. “Fear is the mind killer like uncertainty is the economy killer,” says Ryan Cummings, chief…

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Forbes broke the news in United States on Tuesday, March 25, 2025.
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