Consumer sentiment drops to a new record low, down 5 points from April

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https://cdnph.upi.com/ph/st/th/3281779464656/2026/upi_com/a6b0115ee7807eeafec56aec7e3c67c7/v1.5/Consumer-sentiment-drops-to-a-new-record-low-down-5-points-from-April.jpg" /> American consumer sentiment in May hit a new historical low, thanks to higher oil prices, University of Michigan economists said Friday.

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