Consumer Confidence Is Tumbling as Financial Concerns Mount
Consumers are “spooked” by the Trump administration’s trade wars, cuts to the federal government by the so-called Department of Government Efficiency and the recent stock market sell-off, said Bill Adams, the chief economist for Comerica Bank.
The White House’s near daily changes to tariff policy show that it is still anyone’s guess where the levies will land.
Conference Board surveys point to unease about job security and raise questions about Americans' future spending.
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