Reported about 19 hours ago
Americans' expectations for the economy have fallen to their lowest point in 12 years, driven by uncertainty surrounding President Trump's policies and rising prices. The latest consumer confidence index dropped to 92.9 in March, with the expectations index down to 65.2, indicating recession signals as consumers' views on their financial situations are increasingly pessimistic. As inflation expectations rise and confidence in job security declines, economists express concerns about potential cautious spending behavior amongst consumers despite a lack of clear signs of a significant economic slowdown.
Source: YAHOO