India  

US consumer confidence sinks to 5-year low driven by tariffs, recession fears

IndiaTimes Tuesday, 29 April 2025 ()
American consumer confidence has plummeted to its lowest point since the pandemic's start, driven by tariff concerns under President Trump's administration. The Conference Board reported a significant drop in April, with nearly a third of consumers anticipating job slowdowns, reminiscent of the Great Recession.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low  | Brent Sinks Below $64 [Video]

World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low | Brent Sinks Below $64

Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..

Credit: Oneindia     Duration: 03:15Published

Related news from verified sources

US consumer confidence hits 5-year low in April amid tariff concerns

US consumer confidence hits 5-year low in April amid tariff concerns
US consumer confidence fell sharply in April, hitting its lowest level in nearly five years, as anxiety over tariffs and economic uncertainty weighed heavily on...
Invezz

People feel so bad about the economy because of tariffs and inflation that consumer confidence sunk to a 13-year low

Consumer confidence fell to its lowest level in 13 years, according to The Conference Board’s most recent survey released Tuesday. Survey respondents were most...
Upworthy