Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high ...
The drop in overall consumer sentiment occurred across age, income, and education levels, the survey found. It also crossed political lines, falling among Democrats, Republicans and independents.
The University of Michigan consumer sentiment index fell nearly 10 points in May to hit 67.4, its lowest reading since November and the steepest decline in the survey in nearly three years.
Big retailers have begun to sense more caution from customers, particularly those with lower incomes, who are pulling back on ...
Consumer sentiment fell for the fourth month in a row in May, new data shows. The latest consumer sentiment index from the ...