US consumer confidence sinks to 5-year low amid tariffs, recession fears
American consumer confidence has plummeted to its lowest point since the pandemic's start, driven by tariff concerns under President Trump's administration. The Conference Board reported a significant drop in April, with nearly a third of consumers anticipating job slowdowns, reminiscent of the Great Recession.
American consumer confidence has plummeted to its lowest point since the pandemic's start, driven by tariff concerns under President Trump's administration. The Conference Board reported a significant drop in April, with nearly a third of consumers anticipating job slowdowns, reminiscent of the Great Recession.
