Consumer confidence took a significant hit in June 2025, with sharp declines in both current assessments and future expectations. This downturn raises questions about economic stability and potential recession risks.
Consumer confidence in the U.S. has dropped for the fifth consecutive month, hitting its lowest level since May 2020. Concern over tariffs and potential recession looms as Americans pull back on spending, signaling a troubling economic outlook.
Survey shows U.S. consumer confidence at a 3-1/2 year low due to economic concerns under Trump's administration. Tariffs, layoffs, and inflation fears contribute to growing pessimism.
