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

  • Consumer confidence decreased by 7.2 points in March to a reading of 92.9, according to the Conference Board.
  • Expectations for income, business, and the job market fell by 9.6 points to 65.2, revealing deeper concerns.
  • Consumers' perception of current conditions also fell by 3.6 points to 134.5, highlighting a negative outlook.
  • More Americans are predicting a recession, according to the Conference Board survey.
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Forbes broke the news in United States on Tuesday, March 25, 2025.
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