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Conference Board Consumer Confidence Collapses As Inflation Fears Soar
Conference Board Consumer Confidence Collapses As Inflation Fears Soar On the heels of UMich sentiment survey slump, The Conference Board consumer confidence survey saw a big drop in attitudes with the headline tumbling from 105.3 (revised higher) to 98.3 (below the 102.5 exp) - the lowest since June 2024, hovering at the low end of its range since 2022. A measure of expectations for the next six months also fell by the most in three-and-a-half years, while a gauge of present co
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