US consumer sentiment slides to three-month low as war fans inflation fears - Reuters

US consumer sentiment declined to its lowest level in three months during March, according to data tracked by Reuters. The drop signals weakening confidence among American households about current economic conditions and their personal finances. Consumer sentiment is a key economic indicator closely watched by policymakers and investors because it influences spending behavior, which drives roughly 70% of US economic growth. Declines in consumer confidence often precede pullbacks in retail sales and broader economic slowdowns. The weakness may reflect concerns about inflation, employment stability, or other macroeconomic headwinds affecting household finances.