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Consumer sentiment plunges to record low amid higher inflation
Consumer sentiment is lower than it was during the Great Recession and when the entire country was locked down during the COVID-19 pandemic.
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marketplace.org
May consumer sentiment expected to remain down in the dumps
The preliminary snapshot released earlier in the month was dismal, comparable to levels not seen since the huge post-COVID inflation spike.
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cnbc.com
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
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.
