The University of Michigan's Index of Consumer Sentiment came in at 44.8 in its final May 2026 reading, the lowest print in the survey's modern history and a touch below the June 2022 trough. The ...
Consumer sentiment hit a record low, but jobs and income data suggest spending holds. Oil prices pose the real risk worth watching ...
Inflation likely peaked in May as the worst of the war in Iran energy shock hit consumers,” Navy Federal Credit Union Chief Economist Heather Long said.
Soaring gasoline prices rattled consumer sentiment to a new record low this month while pushing up long-run expectations for inflation by 0.5 percentage point to 3.9%, the University of Michigan said ...
Consumer sentiment crashed to a record-low 44.8 in May, with 57% of respondents citing high prices as the primary driver of financial strain. Despite collapsing sentiment, April retail sales hit $757 ...