✉news BusinessEconomy first seen 1 d ago, last 4 h ago, peak #1
US consumer sentiment nears record low
Original: US consumer sentiment near record low as frustration over economy mounts
US consumer sentiment has fallen to near its lowest level on record, according to a Reuters report, reflecting mounting frustration among Americans over the state of the economy. The gloomy reading signals that households remain pessimistic about prices, jobs and their financial outlook, a potentially worrying sign for consumer spending and the broader economic picture.
Why now: The release of new consumer sentiment data showing widespread frustration with the economy is drawing attention to the economic mood ahead of policy and election debates.
United StatesReutersUS consumers
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Evidence
- US consumer sentiment near record low as frustration over economy mounts · Reuters
- US consumer sentiment near record low as frustration over economy mounts · Central Oregon Daily
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