Consumer Sentiment Tanks as Americans Expect More Pain Ahead
Uncertainty around the economy, stocks and jobs are taking a toll. One economist labeled the latest reading from the University of Michigan’s index “horrific.”
American consumer sentiment plunges on trade war fears
The Trump bump in consumer sentiment is now a Trump slump. Americans continue to grow worried over President Donald Trump’s escalating and haphazard trade war, according to the University of Michigan’s latest consumer survey released Friday.
Consumer sentiment plunges on worries about tariffs and inflation
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.
US consumer sentiment plunges sharply in March
The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 57.9 this month from a final reading of 64.7 in February. Economists polled by Reuters had forecast the index falling to 63.
US consumer sentiment hits 2-year low as inflation fears hit 32-year high
US consumer sentiment has plunged to its lowest level in over two years. Inflation expectations have jumped the most since 1993. The University of Michigan’s preliminary March sentiment index sank to 57.
Consumer sentiment continues to plunge on fears over Trump’s trade war, tumbling 11% this month
Americans continue to grow worried over President Donald Trump’s escalating and haphazard trade war, according to the University of Michigan’s latest consumer survey released Friday. Consumer sentiment fell 11% this month,
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