Consumer confidence declines despite Trump tariff pause: Survey
17-05-2025 02:03 via thehill.com

Consumer confidence declines despite Trump tariff pause: Survey

Consumer confidence has struggled to bounce back from President Trump's sweeping tariffs on imports from most countries despite the temporary reprieve he offered shoppers last month, according to new data released Friday.The University of Michigan's Surveys of Consumers found buyer sentiment, views of current conditions and expectations all continued what has become four consecutive months of decline, though May figures did not fall as drastically as previous months this year."Tariffs were spont
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