Consumer sentiment fell in May to the lowest level in about five months, and expectations for inflation rose — bad signs for ...
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 ...
US Consumer Sentiment Drops to 6-Month Low on Inflation, Unemployment Fears WASHINGTON (AP) — U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited ...
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 in April. That is still about 14% higher ...
US economic growth last quarter is revised down from 1.6% rate to 1.3% ... Before the pandemic, consumers typically expected inflation a year ahead would be below 3%. The drop in overall consumer ...
US consumer sentiment hits a six-month low due to concerns over high inflation, interest rates, and potential unemployment rise. (AP File) The University of Michigan's consumer sentiment index dropped ...
Yuki Iwamura / Bloomberg / Getty Images The University of Michigan's consumer sentiment index fell nearly ... Please email us at Investopedia requires writers to use primary sources to support ...
WASHINGTON — 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 ...