Consumer Sentiment Drops to New Low, University of Michigan Survey Finds
Higher gasoline prices and the tense standoff in the Middle East helped push consumer sentiment to a new all-time low in May, with rising anxiety about future inflation, according to the University of Michigan’s monthly survey.
Consumer sentiment hits record low
- Consumer sentiment slips to record low: Survey The Hill —
- Consumer sentiment drops to a new record low, down 5 points from April UPI —
- Trump vs. Biden: Economies Compared as Consumer Sentiment Hits Record Low Newsweek —
- US consumer sentiment plumbs record lows in May; inflation expectations increase - Reuters Reuters —
- Trump’s cost-of-living crisis sends consumer confidence to record low The Independent —