Statement·other·said 2025-04-01
“The consumer confidence in this country has gone way down.”
Proof of utterancewhere they said it
No source recorded.
Verdict
Trueby PolitiFact
2025-04-03Reasoning
Conference Board Consumer Confidence Index declined 17% from November 2024 to March 2025; University of Michigan Consumer Sentiment Index fell nearly 13% from December 2024 to February 2025. The largest decline among recent presidents in comparable early-term periods, save Obama during the Great Recession.
Proof of outcomewhat backs the verdict