U.S. Consumer Confidence Plummets
This is a news story, published by Global News, that relates primarily to The Conference Board’s news.
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consumer sentimentGlobal News
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Business & Economics
U.S. consumer confidence tanks due to Trump’s policies, survey suggests - National | Globalnews.ca

84% Informative
Confidence slumped across all age groups, with sharp decreases in the 35-55 age cohort.
Consumers’ average 12-month inflation expectations jumped to 6 per cent , the highest since May 2023 , from 5.2 per cent last month .
The Conference Board’s consumer confidence index dropped 7 points, the biggest decline since August 2021 .
The share of consumers planning to buy motor vehicles over the next six months dipped.
Buying intentions for big-ticket items like washing machines, televisions and electronics fell.
Planned outlays on services were little changed though consumers’ priorities shifted slightly in favor of personal and health care.
Vacation plans dropped further.
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