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Consumers Sound Alarm on Trump Economy as Expectations Reach Recession Level

JD_co
edited February 25 in Other Investing
https://www.usnews.com/news/economy/articles/2025-02-25/consumers-sound-alarm-on-trump-economy-as-expectations-reach-recession-level

Consumers Sound Alarm on Trump Economy as Expectations Reach Recession Level


"A sharp drop in consumer confidence in February has brought Americans’ expectations about the future course of the U.S. economy to a level that often signals a recession on the horizon.

The Conference Board’s consumer confidence index fell by seven points to 98.3. The present situation index – a measure of current business and labor market conditions – fell 3.4 points to 136.5, but it was the expectations index that reflects consumers’ outlook of future economic conditions that tumbled 9.3 points to 72.9. That brings it below the 80 threshold that usually serves as a warning of a recession ahead."

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