US Consumer Confidence Falls to Lowest Level Since 2014
Market Intelligence Analysis
AI-PoweredUS Consumer Confidence fell to its lowest level since 2014, dropping to 84.5, significantly below economists' estimates, indicating a potential decline in consumer spending and economic growth.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
The Conference Board’s gauge decreased to 84.5, from an upwardly revised 94.2 last month. The figure was the lowest since May 2014 and fell short of all estimates in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
Analysis and insights provided by AnalystMarkets AI.