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International Business Times
International Business Times
Business

US Consumer Confidence Hits Lowest Level Since Onset Of Pandemic

Average 12-month inflation expectations reached seven percent this month which, the Conference Board said, was the 'highest since November 2022' (Credit: AFP)

US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans.

The Conference Board's US consumer confidence index fell 7.9 points to 86.0 in April, the research organization announced in a statement, noting that mentions of tariffs in write-in responses had reached an "all-time high."

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