Consumer Confidence Is TANKING ( what this means)

Evidence for demand destruction in the US economy is really piling up. Consumer sentiment tumbled, services businesses in parts of the country are shedding workers in a way and to a degree we only see during recession, and major Midwest manufacturing plunged. All that was just today. The common theme through each one is a change in employment conditions and not the good one. Eurodollar University's Money & Macro Analysisthe Conference Board Consumer Confidencehttps://www.conference-board.org/topics/consumer-confidenceTexas Service Sector Outlook Surveyhttps://www.dallasfed.org/research/surveys/tssos/2024/2404#tab-commentshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU