World Business Report, Why is US consumer confidence at a record low?

World Business Report

Why is US consumer confidence at a record low?

8 May 2026

26 minutes

Available for 29 days

US job numbers are rising and the stock market is booming near record highs. So why are consumers feeling so pessimistic about the economy?

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[Picture: Customers shop for groceries at a Publix supermarket in Miami, Florida, USA. Photo Credit: CRISTOBAL HERRERA-ULASHKEVICH/EPA-EFE/REX/Shutterstock