It dropped to nearly the lowest point ever recorded by the UMich poll
Revenues and earnings decline in the second quarter amid growing economic uncertainty
Central bank's survey finds consumers' income, inflation expectations declining
U.S. consumers cut back sharply on spending in January
Pessimism about future job opportunities also rose to worst level in more than four years: report
It's the biggest monthly decline in consumer confidence since 2021: report
Sales dropped 0.9% on a month-over-month basis: U.S. Commerce Department
The report arrives ahead of the holiday shopping season, a critically important time for retailers
Steeper rates have increased the debt load of low- and middle-income households
U.S. Conference Board says its consumer confidence index jumped over the past month