Consumer Confidence Dips

Consumer confidence fell in August, signaling uncertainty among Americans as they await potential tariff changes. Steve Odland, CEO of The Conference Board, discussed the implications of this decline on the economy during his appearance on ‘The Exchange.’

Impact of Tariffs

The anticipated tariffs are causing consumers to adopt a neutral stance, reflecting concerns about their financial stability. The changing economic landscape could influence spending behaviors and overall economic growth in the coming months, according to Odland’s insights.