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Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.
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forbes.com
Economic Pessimism Hits Another All-Time High Thanks To Soaring Gas Prices
Consumers still feel “buffeted” by rising costs brought on by the Iran war, including “soaring prices at the pump.”
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edition.cnn.com
Consumer sentiment declines to another new record low as Americans fret over Iran war | CNN Business
Consumer sentiment continued to decline this month, reaching a fresh record low, as the war in Iran drags on, keeping energy prices elevated.
