US Consumer Confidence Plummets Amidst Government Shutdown Fears

New data reveals a concerning decline in consumer confidence, dropping to its lowest point in years due to the ongoing US government shutdown. This drop of 6% is raising alarm bells about potential economic instability and market volatility. The UoM’s November 2025 Consumer Sentiment Report paints a bleak picture: with an index score of 50.3, consumers now express significant uncertainty and pessimism. 💰