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Consumer confidence fell to a 9-month low in April amid fears of a looming recession, according to a survey released by the.
Source: https://www.onenewspage.com/n/Business/1zpl8khxbk/Consumer-confidence-drops-to-lowest-point-in.htm
Consumer confidence has rebounded significantly from the 2022 lows.
Consumer confidence has somewhat improved since 2022, but the readings remain around the 2008 - 2009 lows, which is still far below the pre-pandemic levels.
Source: https://seekingalpha.com/article/4612714-foot-locker-fresh-look?source=feed_all_articles
Consumer confidence on Friday is expected to slow to 81.5 for September from 85 previously.
Consumer confidence unexpectedly improved in March as Americans grew more optimistic about the outlook for business conditions and the labor market.