Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment fell nearly 10 percent, dropping from 71.7 in January to 64.7 in February. The dip appears to be largely driven by consumer concerns that tariff hikes could spur inflation,…
Source link
Consumer confidence dips in Trump’s first month as tariff threats drive inflation fears
Date:
Share post:
More like thisRelated
Gabbard intent on DNI legacy: ‘Rebuilding the trust’
Director of National Intelligence Tulsi Gabbard expressed her...
'Ultimate d‑‑‑ boss move': Democratic senator rips Musk email
Sen. Tina Smith (D-Minn.) slammed tech billionaire Elon...