U.S. consumer sentiment fell to a record low this month as the conflict with Iran spurs anxiety about the economy, according to the University of Michigan’s Surveys of Consumers. The university’s Index of Consumer Sentiment slipped to a final reading of 44.8 in May, a 5-point decrease from April and a 7.4-point drop from this…
Consumer sentiment slips to record low: Survey
Originally reported by The Hill. Read the full story at the original source.
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