Event Overview
Consumer confidence plummeted to record low this month, study reveals — though spending shows a glimmer of hope
New data shows Americans growing increasingly uneasy amid the economic fallout and uncertainty tied to the war in Iran. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include CNN, New York Post.
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Consumer sentiment rebounds slightly after hitting lowest level on record
Americans still feel lousy about the economy and worry that the US-Israeli war with Iran will continue to push up prices. The University of Michigan’s final consumer sentiment reading for April measured 49.8, a slight improvement from the preliminary report earlier this month but still at the lowest level ever on.
Consumer confidence plummeted to record low this month, study reveals — though spending shows a glimmer of hope
Consumer confidence across the United States plunged to an all-time low this month, as Americans grapple with anxiety over the war in Iran, new data revealed. The University of Michigan’s long-running Survey of Consumers tracks how Americans feel about the economy, their personal finances and spending — shaped by.