U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation.

Consumers are “spooked” by the Trump administration’s trade wars, cuts to the federal government by the so-called Department of Government Efficiency and the recent stock market sell-off, said Bill Adams, the chief economist for Comerica Bank.

Consumer confidence in New Zealand dipped in March, with declines seen across nearly all sectors as consumers remained cautious on spending, ANZ-Roy Morgan data showed on Friday. "The economy is improving under the hood,

A new report finds consumer confidence in the economy has plunged this month to its lowest level in more than four years. CBS News business analyst Jill Schlesinger breaks down what it means.