Fearful of another recession, Americans are losing sleep over their finances

How are you sleeping lately?

Some Americans are feeling uneasy. Consumer confidence fell to a two-year low in June, the Conference Board announced this week. It fell to 121.5 this month from a 131.3 in May. That’s the lowest level since September 2017.

“The escalation in trade and tariff tensions earlier this month appears to have shaken consumers’ confidence,” Lynn Franco, senior director at the Conference Board, said in a statement. Continued uncertainty could “diminish” people’s confidence in the economic expansion, she added.

Many people are living with wildly fluctuating income, a recent report from the Board of Governors of the Federal Reserve System said.

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