A new survey shows U.S. consumers are growing increasingly pessimistic about the economy. Many Americans say their confidence has sharply declined, citing rising inflation, concerns about jobs, and uncertainty over policy direction.
According to the results, confidence fell broadly across age groups and income levels, with older respondents (55 and above) showing the most pronounced decrease. The drop reflects growing anxiety over costs and economic stability.
Analysts interpret these findings as a warning sign for future consumer spending, which could drag on growth if the sentiment continues to worsen.