President Trump says voters enrolled in their economic policies, but consumers’ confidence is the lowest in five years

• Consumers’ confidence in the United States has fallen abruptly In the midst of concern over the rates and economic instability, the Council of Conferences reported its lower expectations rate since 2011. However, President Trump maintains that voters approved his harsh commercial position during the election, even when the polls showed many that they supported him due to promises of economic improvement and inflation.

North consumers -Americans grow more and more uncomfortable with the economic perspectives As the White House continues its sturdy rhetoric fare There are no agreements yet in accordance with commercial members.

However, President Trump said this concern is what the North -American people were enrolled when they voted at the Oval Office.

This vision is apparently puzzled with shared polls before the election, which showed that the voters supported the Republican candidate because they believed that it would better manage the economy.

But,, After 100 days from the second Trump administrationFamilies have begun To question the path that the White House is taking.

According to the conference council, consumers’ confidence has not been so low since 2020, at the height of the pandemic.

In a posted yesterdayThe Council shared that the economic confidence of the public dropped 7.9 points in April until a reading of 86 indices.

In the meantime, the expectation rate, based on the short -term prospects of income, business and labor market conditions, was 12.5 points at 54.4, the lowest level since October 2011. It is also well below the 80 threshold, which usually indicates a recession ahead.

Stephanie Guichard, a senior economist, world indicators of the Conference Board, said in the statement: “The decline was largely promoted by consumers’ expectations.

“The three components of expectation, the conditions of the will, the employment prospects and the future income, deteriorated abruptly, reflecting the general pessimism over the future.”

The survey, which requires an online sample of more than 36 million consumers, the added rates are the number 1 concern for consumers with mentions reaching a “high time” in written answers.

Trump: Voters signed up for this

However, President Trump argues that voters knew what they climbed when they were elected at the Oval office.

“(Voters) were actually enrolled,” the President said ABC in an interview launched yesterday. “This is what I campaigned. I said that we have been abused by other countries at levels that no one has ever seen before … they took advantage of us. It could have -left so and at some point there would have been an imposion like no other.

“But I said,” No, we have to solve it. “I wanted to do it for many years.”

When it was indicated in Trump, he also fulfilled a promise to reduce prices and restore economic stability, Trump replied that he has and will continue to reduce inflation despite consensus among economists that this strategy will increase prices.

When I was wondering if the difficult times disagreed, saying, “I don’t think so, I think the fantastic moments are ahead. As I got to gasoline, the food is down, the egg prices are down, many things are down … When the toy has this type of drop, you will not have inflation.”

Is it why America voted?

Both before and since the election, voters said that one of their main motivators to support Trump was that they believed that he would do a better job in the economy.

A Navigator survey Of more than 5,000 voters in November, for example, they found that the joint reason of the people supported the Republican candidate was that it would reduce inflation and improve the state of the national economy.

LikewiseDuring the weeks before the election, a New York Times and Siena College ballot He found that 52% of people trusted Trump to run the economy over Harris, which scored 45%.

In Financial Times and Michigan Ross School of Business University survey informed 44% of voters believed that Trump would do better work with the economy, compared to 43% that Harris said.

So, while Trump was clear about the campaign that wanted to rebalance the America’s trade agreements, the voters may not join the points about the economic instability they could have to suffer.

The markets have already had the same account, after volatility began to increase as the fare news increased.

As head of North -American Investment Strategy of JPMORGAN Bank in the United States,Jake Manoukianhe saidFortuneIn an exclusive interview last month: “Until now … Trump is almost the opposite of what was expectations in November, December, January. It arrived at a time when the S&P was negotiated 22 times forward p/e multiple, cooking a lot of enthusiasm around an acceleration in corporate income and a restart of capital market activity.

“It is the confluence of the disconnection between the expectations and the reality that must be rearranged, and this manifests itself through a sale at the S&P 500 that has been concentrated in some of the most popular and highly valued names.”

This story originally presented to Fortune.com

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