U.S. consumer sentiment plummets to second-lowest level on records going back to 1952
“This decline was, like the last month’s, pervasive and unanimous across age, income, education, geographic region and political affiliation," said the University of Michigan's Joanne Hsu. "Sentiment has now lost more than 30% since December 2024 amid growing worries about trade war developments that have oscillated over the course of the year."
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U.S. consumer sentiment plummets to second-lowest level on records going back to 1952 - In Brief
“This decline was, like the last month’s, pervasive and unanimous across age, income, education, geographic region and political affiliation," said the University of Michigan's Joanne Hsu. "Sentiment has now lost more than 30% since December 2024 amid growing worries about trade war developments that have oscillated over the course of the year."