Part 1/8:
Declining Consumer Confidence: A Harbinger of Economic Trouble?
The latest consumer confidence numbers reveal a troubling trend: they are not just low; they are plummeting at an alarming rate. Following a previous two-year low, the consumer confidence index has now dropped to a staggering 12-year low. In March, it fell by 7.2 points to 92.9, an outcome falling short of analyst expectations of 94.5. This steep decline raises a crucial question: Are we winning yet, or are we losing ground economically?