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Consumer confidence has fallen to record lows.
Consumer confidence has fallen to its lowest level since Fundação Getulio Vargas, a business school, began tracking it in 2005.
Since the Leave vote, consumer confidence has fallen, businesses have expressed alarm, and economists have downgraded their growth forecasts.
In the nine months since, Michigan's index of consumer confidence has fallen from 108.3 to 87.8, the lowest since 1993.
C.E.O.s, shackled by scandal and slumping stock prices, have shown little enthusiasm for making major investments while war looms, and consumer confidence has fallen to stunningly low levels.
The Conference Board, a not-for-profit organization that tracks economic trends, says that consumer confidence has fallen to its lowest level in nearly eight years.
Similar(37)
Measures of business and consumer confidence have fallen markedly.
The University of Michigan said last week that consumer confidence had fallen to its lowest point in two years.
Measures of consumer confidence have fallen, and so have sales of durable goods, such as furniture and computers.
Shares in Wall Street plunged on Tuesday afternoon after figures showed that US consumer confidence had fallen to a two-year low.
Measures of consumer confidence have fallen sharply, although actual spending has not yet weakened to the same extent.But consumer-default rates have started to climb sharply, as Bradford & Bingley's results revealed.
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