The Conference Board announced that the Consumer Confidence Index® declined in February for the second consecutive month. In this episode of CEO Perspectives, Dana Peterson, Chief Economist at The Conference Board, and Ataman Ozyildirim, Senior Director of Economics at The Conference Board, discuss what this drop in confidence means for the US economy. Tune in to find out: Should we still be worried about a recession? What is consumer confidence telling us? What do consumers think about current labor market conditions and how do they expect the availability of jobs to change in the coming months? Is inflation having an impact on spending? What items are consumers likely to cut back on? What could improve confidence in the coming months?