US consumers are souring on the economy. The Conference Board’s Consumer Confidence Index dropped nearly 7% in February—the lowest reading since June and the biggest monthly decline since 2021 as Americans increasingly worry about inflation, tariffs, and the labor market. Economists say President Trump’s proposed tariffs on US trade partners like Canada and Mexico could accelerate inflation. One of the board’s senior economists noted a “sharp increase” in index participants mentioning tariffs, “back to a level unseen since 2019.” Still, several other indicators suggest that the US economy continues to grow and is outperforming most major economies. https://www.cnbc.com/2025/02/25/february-consumer-confidence-comes-in-lighter-than-expected-in-latest-sign-of-slowing-economy.html?utm_campaign=mb&utm_medium=newsletter&utm_source=morning_brew