Conference Board Consumer Confidence Collapses As Inflation Fears Soar On the heels of UMich sentiment survey slump, The Conference Board consumer confidence survey saw a big drop in attitudes with the headline tumbling from 105.3 (revised higher) to 98.3 (below the 102.5 exp) – the lowest since June 2024, hovering at the low end of its range since 2022. A measure of expectations for the next six months also fell by the most in three-and-a-half years, while a gauge of present conditions declined more modestly. Source: Bloomberg “In February, consumer confidence registered the largest monthly decline since August 2021,” said Stephanie Guichard, Senior Economist,… — Continue at ZeroHedge News : Read More
