News-News.Zip

News in English (USA) / 25.02.2025 / 19:00

US Consumer Confidence Plummets Amid Inflation and Tariff Concerns

Consumer confidence in the U.S. experienced its largest decline in nearly four years, signaling significant worries about the current economic landscape. February saw consumer sentiment drop sharply, with fears surrounding inflation and ongoing tariff discussions under the Trump administration exacerbating anxiety. This stark downturn indicates a growing concern among consumers about the economy, with many expressing pessimism about future conditions. The current state of consumer confidence suggests potential challenges ahead, as expectations align closer to recession levels and economic indicators show signs of slowing. Amidst rising inflation fears and trade uncertainties, American consumers appear increasingly alarmed about their financial outlook.
ABC News, CNN, CNBC, U.S. News & World Report, Financial Times, Fox Business, CBS News, Reuters, Forbes, Bloomberg