US EditionConsumer Sentiment Stabilized in May, University of Michigan Survey Says
- The University of Michigan’s May 2025 Surveys of Consumers reported that the Consumer Sentiment Index held steady at 52.2, ending four months of decline.
- Consumer sentiment stabilized following President Trump’s announcement in mid-May of a temporary 90-day suspension on tariffs for imports from China, yet about 64% of consumers continue to anticipate a decline in business conditions.
- The survey found consumers felt more positive about short-term business conditions after the tariff pause, but attitudes declined toward personal finances due to rising unemployment expectations and stagnating incomes.
- Chief Economist Joanne Hsu noted that ongoing political uncertainty contributes to consumers anticipating a slowdown in the economy, highlighting how trade policies have shaped their expectations regarding prices and economic conditions.
- The findings imply Americans remain anxious about their financial future, with 38% reporting eroded personal finances and 68% expecting reduced purchasing power over the coming year.
13 Articles
13 Articles
Consumer sentiment improves at the end of May following temporary trade truce with China
Consumers see the outlook for the economy as no worse at the end of May than they did in April. But they are worried about the future. Article Attribution | Read More at Article Source The post Consumer sentiment improves at the end of May following temporary trade truce with China appeared first on RocketNews.
Consumer sentiment brightens in May revision as inflation expectations ease
The University of Michigan Consumer Sentiment Index improved to 52.2 in May's second estimate, compared with the month's initial print of 50.8 and stayed even with April's level, according to data released on Friday.
New data shows slight improvements in consumer sentiment, inflation
New data shows slight improvements in consumer sentiment, inflation U.S. consumer sentiment improved slightly in May, according to new data from the University of Michigan. CBS News' MoneyWatch correspondent Kelly O'Grady has the latest. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, origi…
Consumer Sentiment Evens Out in May, Despite Long-Term Uncertainty
Consumer sentiment appears to have evened out in May as economic issues like inflation and trade wars are so far less impactful than some feared, according to the latest data from the University of Michigan. The Index of Consumer Sentiment came in at 52.2 in May, the same reading as seen in April and ending… The post Consumer Sentiment Evens Out in May, Despite Long-Term Uncertainty appeared first on RISMedia.
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