US Consumer Sentiment Hits Record Low in Early May
US consumer sentiment plummeted to a new record low in early May, primarily driven by concerns over high gas prices and inflation. This decline indicates deepening gloom among American consumers despite some easing of inflation fears.
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US Consumer Sentiment Declines to Record Low on Inflation Angst - Bloomberg.com
US Consumer Sentiment Declines to Record Low on Inflation Angst Bloomberg.com
Read full article →Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Read full article →Gloom deepens for consumers in early May due to high gas prices
Consumer sentiment hit a record low in May, the University of Michigan said, with the lowest reading among Republicans since President Donald Trump’s 2024 election.
By Greg Robb
Read full article →US consumer sentiment hits record low in early May
Read full article →Consumer sentiment slips more than expected in May
Read full article →American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today. And while the expectations were correct in direction, once again they underestimated just how bad things are as the headline UMich print fell from 49.8 to 48.2 (a new reco...
By Tyler Durden
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