Consumer Sentiment Falls 6%, Hit by Declining Stocks, Higher Gas Prices

Consumer sentiment falls 6%, hit by declining stocks, higher gas prices

Household expectations for inflation in 12 months rose to 3.8% from 3.4% in February in the biggest one-month gain since April 2025, the University of Michigan found in a survey.

Iran War Drags Consumer Sentiment Close to Historic Lows as Wall Street Confidence Falters

Washington’s cherry blossoms are in peak bloom, but the US consumer is still stuck in a long, inflationary winter. The University of Michigan’s Surveys of Consumers reported Friday that consumer sentiment fell to a three-month low in March, as the US-Israel war with Iran stoked fears of inflation and economic sluggishness. The final March reading of 53.3, down from a preliminary reading of 55.5, remains near historic lows.  Data Downer Their glo…

March Consumer Sentiment Drops to Lowest Level Since December

Iran conflict and gas prices weigh on outlook. The University of Michigan Consumer Sentiment Index fell sharply in the final March reading, dropping well below both its preliminary estimate and the prior month as the U.S. military conflict in Iran and surging gasoline prices rattled consumers across income levels and political affiliations. The index came …

High gas prices, Iran war take huge toll on U.S. consumer confidence

After weeks of war with no end in sight, and gas prices rising faster than they have in decades, U.S. consumers are becoming more worried about the state of the economy than they have been in three months, according to…

Breakfast briefing: War consequences bite harder

US sentiment falls further; China and US trade anti-trade probes; China's profits rise; countries enact various fuel affordability measures; diesel crisis grows; UST 10yr at 4.44%; gold dips; oil rises; NZ$1 = 57.5 USc; TWI-5 = 61.4