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US consumer sentiment drops in August on inflation worries
In August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. The war launched by the U.S. and Israel against Iran has caused a surge in global energy prices. This downturn in sentiment is striking across all political affiliations, with Republicans feeling the impact most significantly.
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commondreams.org
Consumer Confidence Hits Lowest Level in Months as US Faces 'Trump's Reckless Tariffs and War With Iran' | Common Dreams
US consumer confidence falls to lowest level since January as worries about oil prices and inflation rise.
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phys.org
Less buying power, elevated inflation push down consumer views
Consumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future,…
