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Trade War and Tariff Issues Take Down US Consumer Confidence

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Consumers are starting to feel the impact from concern over trade issues and the possibility of new tariffs in the future, sending The Conference Board’s Consumer Confidence Index for June down 9.8 points to 121.5. Both components of the Index also saw decreases. The Present Situation Index, which measures current business and labor market conditions, fell…

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