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✉news BusinessEconomy first seen 18 h ago, last 1 h ago, peak #1

US consumer sentiment hits near-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 widely followed survey, as Americans grow increasingly frustrated with the state of the economy. The gloomy reading points to persistent concern over prices and household finances, and analysts are watching whether the pessimism translates into weaker consumer spending in the months ahead.

Why now: Fresh survey data showing near-record low consumer sentiment reflects mounting public frustration over the economy.

United StatesUS consumersReuters

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