Never Miss a Perspective.
Published loading...Updated

US Consumer Sentiment Drops, Price Expectations Soar on Tariffs: University of Michigan Survey

  • American consumer confidence dropped sharply in February, reaching its lowest level in 29 months at a preliminary reading of 57.9, according to the University of Michigan consumer sentiment survey.
  • Long-Run inflation expectations rose from 3.5 percent to 3.9 percent in February, marking the largest monthly increase since 1993, reported by the University of Michigan.
  • Eighty percent of small business owners reported increased economic optimism since November, indicating a shift from predictions of a recession, according to the March 2025 survey.
  • Christopher Rupkey stated, 'The consumer is frightened and sees sharply higher prices ahead' amidst rising inflation expectations.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions

102 Articles

All
Left
15
Center
29
Right
6
focus.defocus.de
Reposted by
finanzen100.definanzen100.de
Center

North American consumers expect a massive increase in inflation. This is shown by a recent survey. There are great fears that the economy will soon fall into recession.

·Berlin, Germany
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 58% of the sources are Center
58% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coresight Research broke the news in on Thursday, March 13, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.