Consumer Confidence Plunges to Decade Low as Labor Market Anxieties Mount

Growing Job Market Concerns and Cost-of-Living Pressures Push Sentiment Below Pandemic-Era Levels American consumer confidence has fallen to its lowest point in a decade, driven primarily by growing anxieties about the labor market and persistent concerns about the cost of living, according to a Wells Fargo Economics report released January 27, 2026. The Conference Board's […]