Economic uncertainty under the Trump administration has caused consumer sentiment to plummet, leading to fears of an actual downturn despite the US not technically being in a recession. Reports indicate that retirees and parents are struggling with fluctuating investments, high grocery prices, and childcare costs. The so-called 'vibecession' reflects a widespread unease that could drive cautious spending behaviors, impacting hiring practices and overall economic growth as consumers and businesses respond to fluctuating policies and market changes.
Consumer sentiment has dropped sharply due to economic uncertainty and unpredictable tariff policies, causing fear of a downturn fueled by lower spending.
There's a massive amount of uncertainty that's really weighing on people, especially in regard to personal finances, inflation, and labor markets.
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