✉news BusinessRetail first seen 13 h ago, last 2 h ago, peak #37
US consumer sentiment slides toward record low in October
Original: Consumer sentiment drops in October, approaches record low
US consumer sentiment fell in October, approaching its lowest level on record, according to a widely used monthly sentiment survey. The continued slide points to persistent worries among households about prices, income prospects and the broader economy. Weak sentiment is closely watched by retailers and policymakers, since consumer spending drives much of economic activity.
Why now: People are concerned about what near-record-low consumer confidence signals for spending and the economy heading into the holiday season.
US consumersConference BoardUniversity of Michigan
Rank over time, top of the chart is #1. 3 snapshots from 11 h ago to 2 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2154624