Story perspectives

Consumer Sentiment Plummets as Recession Fears Mount

3/14/2025

50 7

Summary

Story summary

U.S. consumer sentiment declined to 57.9 in March, the lowest since November 2022, highlighting economic uncertainty.
The Conference Board’s Expectations Index fell to 72.9, indicating rising recession risks.
Gold prices increased to $3,000 per ounce, as investors seek safe-haven assets amid trade tensions.
Delta Air Lines lowered revenue growth forecasts, reflecting broader airline industry concerns.
Former Treasury Secretary Lawrence H. Summers predicts a 50% chance of recession by 2025, driven by tariffs and geopolitical issues.

1 of 1

Story summary

U.S. consumer sentiment declined to 57.9 in March, the lowest since November 2022, highlighting economic uncertainty.
The Conference Board’s Expectations Index fell to 72.9, indicating rising recession risks.
Gold prices increased to $3,000 per ounce, as investors seek safe-haven assets amid trade tensions.
Delta Air Lines lowered revenue growth forecasts, reflecting broader airline industry concerns.
Former Treasury Secretary Lawrence H. Summers predicts a 50% chance of recession by 2025, driven by tariffs and geopolitical issues.