Consumer sentiment plunges to record low as inflation trends up again
Consumer sentiment has fallen to the lowest it has ever been amid a renewed wave of inflation resulting from spiking energy prices.
Consumer sentiment fell to 44.8, down from 49.8 in April, according to a preliminary reading of the University of Michigan Consumer Sentiment Index for May — dropping lower than it did during the […]
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 —