"The cost of living continues to be a first-order concern..."

The preliminary snapshot released earlier in the month was dismal, comparable to levels not seen since the huge post-COVID inflation spike.

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.

Americans just loathe this economy.

"The cost of living continues to be a first-order concern..."

The University of Michigan index fell to 44.8, its lowest reading since the survey began in 1952, as gas prices near historic highs

Consumer sentiment is lower than it was during the Great Recession and when the entire country was locked down during the COVID-19 pandemic.

Consumer Sentiment Drops to New Low, University of Michigan Survey Finds

The University of Michigan's Surveys of Consumers reported that its Consumer Sentiment Index fell to a final reading of 44.8, an all-time low

American consumer sentiment in May hit a new historical low, thanks to higher oil prices, University of Michigan economists said Friday.

The University of Michigan's consumer sentiment index fell sharply to a new all-time low in May, at 44.8, from 49.8 in April.

University of Michigan Consumer Sentiment Index hit an all-time low of 44.8 in May, down from 48.2, as 57% of consumers cite high prices hurting finances.

University of Michigan consumer sentiment hit a record low of 44.8 in May 2026 as inflation and tariff fears mount, yet Bitcoin and equities remain resilient.

The University of Michigan Consumer Sentiment Index hit 44.8 in May 2026, the lowest reading in its 74-year history, down 21% since February amid gas price and tariff fears.

The University of Michigan Consumer Sentiment Index fell to an all-time low of 44.8 in May 2026, driven by gas prices, tariffs, and rising inflation expectations.

University of Michigan consumer sentiment hit a record low of 44.8 in May 2026 as the Iran war drives gas prices higher and inflation fears dominate households.

US consumer sentiment hit a record low of 44.8 in May, the worst reading since the 1950s, while Bitcoin holds near $77K showing unusual resilience.

The University of Michigan Consumer Sentiment Index fell to a record low of 44.8 in May 2026 as war-driven inflation and rising prices batter US households.

University of Michigan's consumer sentiment index hit an all-time low of 44.8 in May 2026 as gas prices surge, yet Bitcoin and Nasdaq keep rallying.

The University of Michigan consumer sentiment index fell to 44.8 in May, its lowest reading ever, as gasoline prices and inflation fears weigh on risk assets.

The S&P 500 has surged 130% since 2020 while University of Michigan consumer sentiment hit an all-time low of 44.8, revealing a historic wealth gap.