The latest report from The Conference Board indicates that consumer confidence in the U.S. has significantly dropped, reaching its lowest point in 12 years due to rising fears related to tariffs and inflation. The consumer confidence index fell by 7.2 points in March, marking the fourth consecutive monthly decline. Short-term expectations for income and employment also declined, showing widespread anxiety among consumers about the economy. Economists attribute this uncertainty to fluctuating tariff policies which complicate business planning and affect consumer sentiment.
Consumer confidence in the United States has continued its sharp 2025 decline as Americans' views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.
The measure of Americans' short-term expectations for income, business and the job market fell 9.6 points to 65.2. That's the lowest reading in 12 years and well below the threshold of 80.
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