On January 27, the new Consumer Confidence Survey published by the Conference Board showed the lowest confidence in the U.S. economy since 2014.
Consumer confidence dropped in January to the lowest level recorded by The Conference Boards survey in more than a decade, a warning sign that a relatively steady stretch of economic data may yet prove fragile.
The monthly survey from The Conference Board, a research group, showed its primary index dropping from 94.2 in December to 84.5 in January, the lowest level since 2014, The Conference Board, a research group, said Tuesday. Analysts surveyed by The Wall Street Journal were expecting a reading of 90.
The economic mood has darkened broadly across ages and income levels, the survey found.
Write a 1 or 2 page note about supply chain and finance reasons that happened. Explain it clearly. You are allowed to speculate.
Requirements: 1 or 2 page
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