The Conference Board said on Tuesday its consumer confidence index dropped 7 points, the biggest decline since August 2021.

U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday

U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged, offering further signs that Americans were growing anxious about the potential negative economic impact of the policies of President Donald Trump's administration.