UNITED STATES - American consumers are expressing growing concerns about the economy, according to the latest consumer sentiment survey by the Conference Board. The survey, released in August, showed that consumer confidence has dipped to its lowest level since February 2021.
The survey revealed that consumers are increasingly worried about the job market, stating that it is becoming more challenging to find employment. Additionally, concerns about tariffs are adding to the economic pessimism.
The sentiment expressed in the survey comes at a time when the country is still recovering from the impacts of the pandemic, although inflation has been a persistent issue in recent years. The Conference Board's monthly survey provides insights into how consumers perceive economic conditions and their expectations for the future.
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