Consumer Confidence Plummets to New Lows as Prices Climb and Jobs Disappear Under Trump’s Watch Arrow

New economic data shows consumer confidence plummeted more than expected to the lowest level since Donald Trump's "Liberation Day" in April, as fears of recession rose to the highest level since May. If that's not bad enough, consumers' appraisal of job availability reached a new multiyear low.

New data from the Bureau of Labor Statistics revealed that there are fewer job openings than unemployed workers, and the hiring rate for the trade and transportation industry is at a 12-year low.

Just today, Trump said repeatedly in a speech that tariff is his "favorite word" - even though his reckless tariffs and billionaire-first agenda are to blame for high prices and disappearing jobs.

In response, DNC Rapid Response Director Kendall Witmer released the following statement:

"Trump continues to send the economy into a spiral as he sends the government into a shutdown. Americans are enduring month after month of economic hardship as prices climb, jobs disappear, and working families worry about how they're going to pay their bills. Trump is burying his head in the sand and insisting that the economy is 'back on track,' but working and middle-class families know the truth because they're feeling the economic pain every day."

Despite Trump's claims that he's "solved inflation," costs keep climbing, and tariffs are what's driving them higher. It's no wonder that a staggering 72% of Americans say the economy is in only poor or fair condition, and 45-32% of voters say the economy has gotten worse under Trump's watch. That's not the only warning sign for Trump: Over 60% of Americans disapprove of Donald Trump's handling of the economy, and 75% of Americans believe the country is on the wrong track, including a majority of Republicans.