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Here’s Why Consumer Confidence Tumbled to a 6-Year Low

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Consumer confidence has hit a rock bottom not seen since 2014. The Conference Board’s Consumer Confidence Index fell for the second consecutive month, declining in August to 84.8 from 91.7 in July. Of the two components in the Index, the Present Situation Index fell the sharpest from 95.9 to 84.2, reflecting consumers’ current assessment of…

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