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  • Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold

    02/25/2025 8:46:31 AM PST · by Diana in Wisconsin · 27 replies
    Channel 3000 News/CNN ^ | February 25, 2025 | CNN Bitter LOSERS
    The American consumer is getting worried about the economy. Economic jitters are showing up across various sentiment surveys as the Trump administration aims to reconfigure America’s trade relationship with the world and inflation shows signs of getting stuck. The latest evidence comes from The Conference Board’s Consumer Confidence Index for February, released Tuesday morning. The index fell to 98.3, falling for the third-straight month and marking the largest monthly decline since August 2021, as expectations for inflation in the year ahead climbed. That coincides with the trends reflected in the University of Michigan’s consumer survey for February. Homebuilders are also...