US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs.

Confidence among US homebuilders slumped in May to the lowest level since late 2023, as tariffs made it harder to price homes and anxious consumers dragged their feet on purchases. Most Read from ...

The U.S. Consumer Confidence Index dropped to 86.0 in April from 93.9 (revised from 92.9), compared with the 87.7 consensus, according to data released by The Conference Board on Tuesday.

U.S. consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs. The final ...