Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as ...
Americans are increasingly wary of high costs and sluggish job gains, with perceptions of the labor market worsening.
Only 1% of consumers said business conditions were good in the U.S., according to the Conference Board’s report.
A sluggish job market lowers consumer confidence but may also lead to another rate cut from the US Federal Reserve.
A measure of consumers’ short-term expectations has fallen to its lowest level in 12 years, ticking a figure that has historically signaled recessions ahead. The measure of the short-term outlook for ...