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Top 4 Retail Stocks to Buy Now Despite Weak Consumer Confidence
CHWYChewy(CHWY) ZACKS·2025-05-02 22:55

U.S. consumer confidence, a key determinant of the economy’s health, dipped for the fifth consecutive month in April. The latest data from the Conference Board showed that the Consumer Confidence Index declined to 86. This marks a 7.9-point decrease from the previous month and falls short of market expectations. It’s the weakest level recorded in almost five years, underscoring the growing unease among consumers as economic pressures build. This sharp fall highlights rising consumer apprehension about the e ...