Consumer confidence in the U.S. has plummeted to its lowest level since 2011, reflecting pervasive pessimism amid concerns over tariffs and economic uncertainty. The Conference Board survey indicates that consumer outlook has been significantly impacted by fears surrounding trade tensions. Economic and financial expectations among Americans have deteriorated in April, with sentiment declining sharply due to tariff-related anxieties. This drop mirrors the sentiment observed during the early stages of the pandemic, highlighting the current economic unease.
— new from Axios
