Consumer Sentiment Drops on Tariff, Employment Concerns

The video discusses the current state of consumer health and inflation fears, highlighting concerns about tariffs and a potential softening labor market. Surveys from the University of Michigan and the Conference Board indicate varying inflation expectations, influenced by political affiliations. While Republicans are more optimistic, Democrats are more pessimistic about the economy. The video also touches on investor concerns and the impact of gas prices.

What does the text suggest about consumer spending in relation to inflation concerns?

What is the significance of the Conference Board survey mentioned in the text?