u-s-labor-department

Consumer Confidence Falls to Pre-Covid Levels

U.S. consumer confidence slumped for a fifth-month to a 13-year low, a level not seen since the onset of the Covid-19 pandemic, as anxiety over the impact of tariffs takes a heavy toll, the Associated Press reported. The non-partisan think tank Conference Board said April 29 that its consumer confidence index fell 7.9 points to 86. Nearly one-third of consumers expect hiring to slow in the coming months, nearly matching the ... [+]