U.S. Consumer Confidence Plummets to Lowest Point Since 2020 Amidst Inflation Concerns

A recent dip in consumer confidence paints a worrying picture of the US economy. The U.S. Consumer Confidence Index, falling to 86.0 in April 2025, marks its fifth consecutive decline and signifies a widespread sense of pessimism, reaching levels last seen in May 2020. This dramatic slide is largely attributed to escalating tariff concerns and persistent inflation, which are weighing heavily on household budgets, according to the U.S. Conference Board.