Consumer confidence drops in April on inflation, job worries
From soaring gas prices to weaker job prospects, Americans are gloomier about the economy than just before the U.S. invasion of Iraq. They’re so anxious that fewer people say they are planning to take a vacation than in 30 years.
And those are worrying signs for the already deteriorating economy, since eroding consumer confidence foreshadows weaker spending.
You must be logged in to post a comment.