Consumer confidence sinks to lowest level since May 2020

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Consumer confidence sinks to lowest level since May 2020

Americans continue to grow uneasy about the economy as President Donald Trump wages an erratic trade war that could send US inflation rising and even trigger a recession. Consumer confidence sank 7.9 points in April to a reading of 86, the Conference Board said in its latest survey released Tuesday. That’s the lowest level since May 2020 and a larger decline than economists had projected. #CNN #News

Date: April 29, 2025