US consumer confidence falls to lowest level in 7 months as gas prices remain elevated

Americans’ confidence in the economy declined this month as the ongoing Iran conflict has kept gas prices elevated at more than $4 a gallon

In late 2024 and early 2025 the consumer confidence index readings were consistently above 100

Americans’ confidence in the economy declined this month as the ongoing Iran conflict has kept gas prices elevated at more than $4 a gallon

US consumer confidence falls to lowest level in 7 months as gas prices remain elevated  Toronto Star

The Strategic Petroleum Reserve hit the lowest level in 44 years last week, as the Trump administration continues to release crude oil to prevent prices of products such as gasoline from surging even further, as global oil supplies remain strained.  Data released on Monday by the Department of Energy revealed that the