Washington — U.S. consumers appear less optimistic about the jobs market and more worried about future financial conditions, bringing a closely watched confidence metric to its lowest level since July 2022, a survey showed Tuesday.
The consumer confidence index fell to 97.0 in April, said The Conference Board, significantly below the 104.0 reading that analysts anticipated.
This marks the third straight month consumer confidence has worsened, the report said, and comes as President Joe Biden struggles to boost perceptions about the economy as his reelection campaign ramps up.
"Consumers became less positive about the current labor market situation, and more concerned about futu
webdesk@voanews.com (Agence France-Presse)
[Read more]