✉news BusinessEconomy first seen 1 h ago, last 1 h ago, peak #36
US Consumer Confidence Falls to Lowest Level Since 2014
Original: US Consumer Confidence Plunges to Lowest Level Since 2014
US consumer confidence has dropped to its lowest level since 2014, according to figures reported by Bloomberg. The steep decline signals growing pessimism among American households about the economy, and is likely to fuel debate over the outlook for consumer spending, inflation and the broader economic recovery.
Why now: The sharp drop to an eleven-year low is being closely watched as a warning sign for the US economy.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/369785