Consumer Confidence Slumps to 4-Year Low

Rising inflation and policy uncertainty over new tariffs also sent the future expectations index to a 12-year low.

People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times

U.S. consumer confidence tumbled in March to its lowest level in more than four years, as households grew increasingly anxious about their financial futures and the broader economy.

The Conference Board reported on March 25 that its consumer confidence index fell by 7.2 points to 92.9—its weakest reading since the early months of the COVID-19 pandemic.