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Consumer confidence in future of US economy hits 12-year low
The Straits Times
|March 27, 2025
Americans are increasingly anxious about their jobs and finances as the Trump administration's trade policies and government cutbacks stoke concern about the economy.
NEW YORK -
The Conference Board's monthly confidence index of current conditions dropped more than expected to 92.9, the fourth consecutive monthly contraction that began after US President Donald Trump was elected in November 2024. The measure for future expectations was even more dismal, with the index tumbling to 65.2 - the lowest reading in 12 years and well below the 80 level that is considered a signal for a recession ahead.
Dit verhaal komt uit de March 27, 2025-editie van The Straits Times.
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