On Tuesday, the Conference Board’s consumer sentiment survey told a familiar tale: people are worried about the economy. The survey’s index fell to a four-year low of 93 in March, below consensus ...
According to the survey, Americans are also cutting back on spending in anticipation of potential economic difficulties.
Consumer confidence in the economy has plummeted since the start of the year and that can be chalked up to uncertainty more than anything else. “Fear is the mind killer like uncertainty is the economy ...