New Data Suggests Consumers Bracing for a Downturn

New data released Tuesday suggests that consumers have developed a gloomier outlook over the U.S. economy. The Conference Board reported that its consumer confidence index fell to 101.3 in April from 104 in March. The index remains below 2022’s average level of 104.5. Meanwhile, the board’s expectations index, which is based on consumers’ short-term outlook [...] The post New Data Suggests Consumers Bracing for a Downturn appeared first on ETF Trends .