Hey kids, did you know that how people feel about the economy can affect things like Bitcoin? Recently, a survey showed that Americans are feeling less confident about the future. This is because of things like worries about government policies and possible job losses. It's important to understand that these feelings can impact the whole economy.
- Consumer confidence dropped a lot – the biggest drop in years!
- People are worried about things like tariffs (taxes on imported goods).
- This worry could slow down the economy.
Data Point | Value |
---|---|
Consumer Confidence Index Drop | 7 points |
Index Current Level | 98.3 |
Biggest Drop Since | August 2021 |