U.S. Consumer Confidence Slumps to Decade Low: ETF Areas to Play

U.S. consumer confidence fell sharply in January, sinking to its lowest level since 2014 as worries about personal finances and the broader economy intensified, per Associated Press, as quoted on Yahoo Finance.Confidence Index CratersThe Conference Board reported that its consumer confidence index plunged 9.7 points to 84.5 in January. All five components of the index deteriorated during the month. Consumers’ assessment of present economic conditions declined 9.9 points to 113.7.Expectations Signal Recessio ...