✉news BusinessEconomy first seen 10 h ago, last 1 h ago, peak #1
US consumer sentiment falls near record low
Original: US consumer sentiment near record low as frustration over economy mounts
US consumer sentiment has dropped to near its lowest level on record, according to a Reuters report, reflecting mounting public frustration over the state of the economy. The reading points to widespread gloom among American households about prices, jobs and their financial outlook, a signal watched closely by economists, retailers and policymakers for what it suggests about future consumer spending.
Why now: Fresh data showing sentiment near a historic low reinforces public concern over the US economy, including inflation and cost of living.
United StatesReutersUS consumers
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 1 h ago.
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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