💨 Abstract

American economic confidence hit a five-month low in April, reaching its lowest level since the start of the COVID-19 pandemic, due to concerns over tariffs and potential recession. The Conference Board's consumer confidence index fell 7.9 points to 86. Consumers anticipate price hikes and worry about a recession. Economists expect a slowdown in U.S.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖