✉news BusinessEconomy first seen 19 h ago, last 11 h ago, peak #20
Consumer confidence drops to 12-year low
Original: Consumer confidence falls to its lowest level in 12 years, survey shows
A new survey shows consumer confidence has fallen to its lowest level in 12 years, a sign that households are growing increasingly pessimistic about the economy. The decline suggests consumers may be pulling back on spending, a key driver of economic growth, amid concerns over prices, jobs and broader financial conditions.
Why now: Falling consumer confidence signals weakening economic sentiment, which matters for spending, markets and policy outlook.
consumersMarketplaceUS economy
Rank over time, top of the chart is #1. 7 snapshots from 19 h ago to 11 h ago.
Evidence
- Consumer confidence falls to its lowest level in 12 years, survey shows · marketplace.org
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