✉news BusinessEconomy first seen 16 h ago, last 14 h ago, peak #24
US Economic Confidence Falls to Lowest Level Since 2014
Original: Americans’ confidence in the economy hits its lowest level since 2014
A new reading shows Americans' confidence in the economy has dropped to its lowest point since 2014, according to the Los Angeles Times. The figure points to widespread pessimism among US consumers about economic conditions, marking an eleven-year low in sentiment. Commentators are weighing what the slump means for household spending and the broader economic outlook.
Why now: The sharp drop in consumer confidence to a multi-year low raises concerns about the US economic outlook.
United StatesLos Angeles Times
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Evidence
- Americans’ confidence in the economy hits its lowest level since 2014 · Los Angeles Times
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