California consumers' confidence has declined drastically, hitting its lowest point since December 2020, fueled by fears of recession and political uncertainty surrounding the Trump administration's policies. Since October, optimism has dropped 31%, with statewide confidence falling 10% in April alone, indicating widespread concern about both the current economic climate and future expectations. Similar trends are seen nationally, suggesting a broader economic unease among consumers. This downturn highlights the significant impact of economic policies and political landscapes on consumer sentiment in California.
"Californians worry about economic policies from the Trump administration, including trade battles with other nations and promises of large-scale deportations."
"This comes after statewide confidence fell 10% in April to sit 16% below its 18-year average. Californians are very nervous about the future."
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