News-News.Zip

News in English (USA) / 25.04.2025 / 20:00

Consumer Sentiment Remains Weak Amid Economic Concerns

American consumers are expressing a bleak outlook on the economy, as recent reports indicate a significant decline in consumer sentiment. The Consumer Sentiment Index has plunged by 8.4% to a near-record low of 52.2, the steepest drop since 1990. Concerns over ongoing tariff issues and rising inflation are contributing to this negative sentiment, with many consumers feeling a sense of uncertainty and anxiety about the economic future. While there was a slight improvement in consumer mood during the month, fears of inflation and economic instability continue to overshadow any gains. This downward trend in consumer confidence highlights the challenges faced by the economy as more Americans express worries reminiscent of past economic crises.
WSJ, CNN, Politico, "Barrons", MarketWatch, The Guardian, Bloomberg.com, Reuters, Investopedia, U.S. News & World Report