The consumer confidence index dropped significantly in February, signaling consumer pessimism about the economy due to concerns over inflation and tariffs proposed by President Trump, marking the biggest decline since 2021.

Senior economist for global indicators at the conference board providing insights on the consumer confidence drop.

Threatening additional tariffs against U.S. trading partners, which is causing consumer concern.

Reported the consumer confidence index that showed a decline in consumer optimism.

Jeffrey Roach, chief economist at lpl financial, provided insights on consumer behavior amidst economic changes.