Most respondents in a survey pointed to the Middle East conflict bringing “unfavorable” changes to the economy.

Most respondents in a survey pointed to the Middle East conflict bringing “unfavorable” changes to the economy.

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.

Consumer sentiment has dropped to its lowest level on record since World War II thanks to price increases from the war with Iran.