Consumer Confidence Collapses As Home Buying Conditions Hit Record Low With Cars And Durable Goods 

Consumer Confidence Collapses As Home Buying Conditions Hit Record Low With Cars And Durable Goods. we see consumer confidence deterioration has begun to drag on economic conditions as people find it harder and harder to buy homes cars and other durable goods. Inflation is weighing on everyone's mind and the recent collapse in the only party who had confidence has caused the Umich consumer confidence report to lose its last leg.