By Lubbock Times |
Apr 30, 2024
WASHINGTON, D.C. – The Conference Board's latest report has revealed a concerning trend in consumer sentiment for April 2024. The report, titled "Consumers More Pessimistic About Future Business Conditions, Jobs, and Income," highlighted a significant drop in consumer confidence, marking its lowest level since July 2022.According to the report, consumer sentiment plummeted by 6.1 points from 103.1 to 97 in April, resulting in a third consecutive monthly decline. This decline is attributed to prevailing concerns about business conditions, job prospects, and income levels...