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US consumer confidence drops to lowest in nearly a year amid inflation and trade policy worries.
US consumer confidence plummeted in February, falling to 98.3, its lowest level in nearly a year, according to the Conference Board.
The decline was driven by concerns over inflation, which rose to 6%, and uncertainty around trade policies.
The expectations index fell to 72.9, signaling potential economic challenges ahead.
This drop in confidence also affected business activity, with companies citing tariffs and rising costs as key issues.
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La confianza del consumidor estadounidense cae a su nivel más bajo en casi un año en medio de la inflación y las preocupaciones sobre la política comercial.