Episode Details

U.S. consumer confidence slightly rose in March, despite soaring energy prices due to the Iran conflict. Gas prices surged past $4 per gallon, causing financial strain. While current economic conditions improved, future expectations declined, raising recession concerns. Inflation remains stubborn, with core prices increasing by 3.1%. Job reports show a decline in employment, with unemployment rising to 4.4% and openings dropping to 6.9 million. Economic growth slowed to 1.4% in the years end. Businesses are cautious, with low hiring and firing, and mixed outlooks on car, home, and stock purchases.

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