Washington Examiner
US · 45 mins ago
✦ 75→ Right
Consumer sentiment plunges to record low as inflation trends up again
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US consumer sentiment has dropped to a record low of 44.8 in May, driven by renewed inflation pressures linked to rising energy prices, according to the University of Michigan Consumer Sentiment Index.
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 […]
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