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Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

  • Consumer sentiment fell 12% in March, indicating expectations of a worsening economy, according to the University of Michigan.
  • Two-Thirds of consumers anticipate rising unemployment over the next year, marking the highest level since 2009, as reported by the University of Michigan.
  • The Dow Jones Industrial Average dropped more than 700 points amid concerns about the economy and government policies, reflecting ongoing market declines.
  • Experts warn that falling consumer sentiment may lead to reduced spending, potentially driving the economy into recession, as reported by CNN.
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Portfolio.hu broke the news in on Friday, March 28, 2025.
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