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Consumer sentiment drops to a new record low, down 5 points from April - UPI.com
American consumer sentiment in May hit a new historical low, thanks to higher oil prices, University of Michigan economists said Friday.
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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.
