US consumer confidence dips sharply as political worry grows

The fall in consumer confidence could cause concern for President Joe Biden’s administration, which has been looking to highlight US economic strength ahead of the Democrat’s likely rematch in November against Republican Donald Trump. Despite data showing falling inflation, strong growth and a surprisingly resilient labor market, public perception on the economy has proven to […]

US consumer confidence dips sharply as political worry grows

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The fall in consumer confidence could cause concern for President Joe Biden’s administration, which has been looking to highlight US economic strength ahead of the Democrat’s likely rematch in November against Republican Donald Trump.

Despite data showing falling inflation, strong growth and a surprisingly resilient labor market, public perception on the economy has proven to be an ongoing challenge.

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