Americans' view of the economy sinks to the lowest level since 2014, Conference Board survey says
Americans' confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war.
TL;DR
- Americans' confidence in the economy reached its lowest level in over a decade.
- Elevated prices and stagnating wages are contributing to the decline in confidence.
- The ongoing Iran war is cited as a factor affecting economic sentiment.