Consumer confidence plunged to a 5-year low in April
Consumer confidence fell to its lowest level in nearly five years in April as concerns about tariffs and trade uncertainty weighed on the economic outlook.The Conference Board said Tuesday its consumer confidence index fell 7.9 points to 86 in April, which is the lowest reading since May 2020. Economists polled by Reuters had projected the index would slide to 87.5.The Expectations Index, based on consumers' short-term outlook for income, business and […]