Consumer confidence data from The Conference Board:
- Prior was 135.1 (was highest since 2000)
- Present situation 169.0 vs 177.2 prior
- Expectations 95.8 vs 107.0 prior
- Jobs hard-to-get 11.6 vs 12.0 prior
That's a sharp drop in expectations and sends it to the lowest since January. It mirrors a similar fall after tariffs in December.
