GET DAILY REPORT FREE
U.S. consumer confidence 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 Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9, the fourth straight monthly decline and its lowest reading since January 2021. The reading was short of analysts’ expectations for a reading of 94.5, according to a survey by FactSet.
The business group found that 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, which the Conference Board says can signal a potential recession in the near future. The proportion of U.S. consumers anticipating a recession remains at a nine-month high, the board reported.
