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.
Consumer sentiment has dropped significantly in March, reaching its lowest point since November 2022. Concerns over inflation and a struggling stock market have left consumers feeling uncertain about the future, as political and economic factors weigh heavily on their outlook.