Consumer Sentiment Keeps Dropping in October. It Just Hit a Five-Month Low.
17 Articles
17 Articles
U.S. consumer sentiment has fallen to its lowest level in five months due to factors such as high oil prices and the burden of living costs. Consumers' assessment of the current economic situation has hit an all-time low. According to the University of Michigan on the 9th (local time), the preliminary Consumer Sentiment Index for October was recorded at 46.3. This figure is 1.8 points lower than the previous month's finalized figure (48.1) and i…
(New York = Yonhap News) Correspondent Lim Soo-jung = Economic sentiment among U.S. consumers has deteriorated to its lowest level in five months amid high inflation and the burden of living costs.
Consumer sentiment hits second-lowest mark on record in dire threat to GOP
Consumer sentiment fell to the second-lowest reading on record for October, leaving Republicans little time to reverse a major liability in terms of voters’ negative perceptions of the economy before the midterm elections. Consumer sentiment fell to 46.3, down from 48.1 in September, according to a preliminary reading of the University of Michigan Consumer Sentiment […]
A University of Michigan survey shows growing pessimism among American households, with their assessment of current economic conditions falling to a record low and inflation expectations rising.
Consumer confidence in the US drops to 46.3 points in October. Prices and the cost of credit affect purchases and raise the fear of inflation.
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