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Consumer confidence has been dramatically reduced in February because more Americans felt concerned about the future state of the US economy, According to new data released on Tuesday morning.

The Consumer Confidence Index for the February of the Conference Board is 98.3, a short decline of 102.5 readings expected by an important decline in January 102.5 readings.

“Consumer confidence in February has registered the largest monthly decline since August 2021,” said Stephanie Guichard, Stephanie Guichard, the chief economist of global indicators in the Conference Council. “This is a monthly reduction in consecutive month, the index brings the index under a dominant range since 2022.”

In January 139, since 139, the current situation index “the current situation”

Last month, in February 82, the “Expectations Index”, which follows the short-term outlook of consumers, gives a decline in the next year in the next year. This was the first time since June 2024, the index was below this threshold.

Meanwhile, on average 12-month inflation expectations, last month from 5.2% to 6% in February.

“This increase reflects the mixture of factors, including glue inflation, but also the expected impact of the latest jumps and tariffs at the price of basic household staples such as eggs,” Guichard said. “References to inflation and general prices continue to play a high level in written answers, but attention focused on other topics.”

“In the mother of trade and tariffs, there was a sharp increase to a level from 2019 to a level. Most in fact, the existing management and his policies prevailed.”