US EditionU.S. Consumer Sentiment Drops to Lowest Point Since May
Consumer sentiment dropped 4.8% to 55.4 in September due to inflation, tariffs, and labor market concerns, with lower- and middle-income groups most affected, University of Michigan data shows.
- The University of Michigan released preliminary data on September 12 showing U.S. consumer sentiment fell to 55.4, the lowest since May 2025.
- This decline followed persistent inflation and tariff-related price increases that heightened worries over business conditions, labor markets, and personal finances.
- Sentiment dropped disproportionately among lower- and middle-income households, with about 60% of consumers mentioning tariffs unprompted and adjusting spending behavior amid growing anxieties.
- Alex Jacquez of Groundwork Collaborative stated, "Make no mistake, inflation is accelerating," while CPI rose 0.4% in August and inflation expectations rose to 3.9% long-term in September.
- These trends suggest continued financial strain across many households, particularly the vulnerable, and may dampen economic spending as elevated inflation and tariffs persist.
12 Articles
12 Articles
Consumer confidence in the US fell to its lowest level since May, hit by inflation, tariffs and economic uncertainty
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