Consumer sentiment falls in May as Americans’ inflation expectations jump after tariffs

The report of the University of Michigan Consumer Feeling Index highlights that confidence has fallen by 30% since January.

Madrid. The consumer confidence of the United States fell in May to the second lowest level in its history and already accumulates five consecutive months of setbacks, according to the index prepared by the University of Michigan, while the inflation expectations of North American households have risen to maximums of 1981.The confidence data has been located in May at 50.8 points compared to 52.2 the previous month, which implies a monthly contr…

Consumer confidence declines despite Trump tariff pause: Survey

Consumer confidence has declined for four consecutive months due to uncertainty over trade policy, with nearly three-quarters of consumers mentioning tariffs as a major concern.

By Alicia Wallace, CNN Americans' perceptions of the economy remain stagnant following President Donald Trump's tariffs, with consumer confidence continuing its freefall this month, hitting a near-record low. The University of Michigan's consumer confidence index fell 2.7% to a preliminary 50.8 in May, even lower than April's 52.2. May's preliminary index, the second-lowest on record, was slightly above the record low of 50 points hit in June 20…

TeleTalk question is: Have you noticed a change in the economy either as an employee or employer?

The latest University of Michigan survey released Friday showed consumer sentiment hit its second-lowest point on record, while long-term inflation expectations ticked up to 4.6 percent from 4.4 percent. Locally, some lodging establishments are reporting reservations for the summer are…

Consumer sentiment plummets to near-record lows—but stock markets remain unfazed

Sentiment readings dipped from 52.2 in April to 50.8 in May, according to new data from the University of Michigan.