Over 75% of Americans say they are cutting back spending and over half are electing to put off plans to account for the changing economic climate, according to a new Wells Fargo report.
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday, with inflation seemingly stuck and a trade war under President Donald Trump seen by a growing number of Americans as inevitable.
A report from the Conference Board shows Americans are increasingly worried about inflation, driven in part by President Trump's threats to impose new tariffs on imports.
There’s other concerning economic data. This week’s consumer confidence index by the Conference Board made for rough reading, with inflation gripes being a dominant theme. Yet Stephanie ...
Tuesday's Conference Board data on U.S. consumer confidence dealt a massive blow to sentiment and played its part in driving Wall Street to a five-week low. The report showed heightened inflation expectations fueled by President Trump's rapid-fire moves over trade and tariffs,
Trump may face an even tougher sell now because there are new signs of cracks in the economy. Claims for unemployment insurance, for instance, jumped in the most recent week. That could be a blip, but it could also be the start of a rising trend in unemployment, with Trump’s federal layoffs one factor.
Consumer confidence sharply dipped in February as consumers' inflation expectations increased with Trump's threats of tariffs.
The Conference Board points to concerns over tariffs and inflation, pessimism about future employment opportunities, and less optimism about future income. "The good news is, for what it's worth ...
Successful investors understand these three key factors, enabling them to craft an investment strategy tailored to current global conditions.
Consumer confidence declined sharply in February, notching its biggest monthly decline in nearly four years as uncertainty related to Trump's trade policy also lifted inflation expectations, according to new data released Tuesday morning.
American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s souring economic mood means for spending,
Confidence check The Conference Board issues its latest consumer confidence report ... Confidence has remained relatively strong, along with consumer spending, despite pressure from inflation. Consumer confidence, by month: Sept. 99.2 Oct. 109.6 Nov ...