Bidenflation,consumer sentiment,inflation,inflation expectations,university of michigan,economy, articles
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US Consumer Sentiment Drops To 6-Month Low On Inflation, Unemployment Fears
U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, dropped to 67.4 this month from a final reading of 77.2 […]
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US Consumer Sentiment Drops To 6-Month Low On Inflation, Unemployment Fears
WASHINGTON (AP) — Consumer sentiment fell sharply in May to the lowest level in six months as
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Inflation Takes a Bite Out of Consumer Sentiment, Which Has Hit Its Lowest Level in Six Months
After three months of little change in the collective mood among consumers, pessimism is starting to take hold. Thank inflation for that.