Episode Details

Consumer confidence plummets to its third-lowest level in a year, fueled by Middle East tensions and soaring gas prices that’ve got folks jittery about the economy—even as employment and incomes remain solid. While inflation’s bite is real, the bigger story is anxiety over past fiscal missteps, global shocks, and the ripple effect of rising essentials like food and fuel. Three straight months of declining views on current conditions, but future outlooks stay stubbornly gloomy—price and energy costs dominate survey responses. Younger consumers under 35 lead in confidence, middle-aged groups saw the biggest bounce, and higher earners remain the most optimistic.

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