US Consumer Sentiment Drops, Price Expectations Soar on Tariffs: University of Michigan Survey
- President Donald Trump's tariffs have raised inflation expectations to 4.9 percent, the highest since November 2022, according to Wall Street Journal journalists.
- The University of Michigan's Consumer Sentiment Index dropped to 57.9, the lowest level since November 2022, according to the University of Michigan.
- Fifty-Seven percent of Americans surveyed believe Trump's economic moves are too erratic and harmful, as stated in a Reuters/Ipsos poll.
- Economist Rebecca Patterson highlighted that consumer sentiment drives the U.S. economy and that fears of higher prices impact spending decisions.
102 Articles
102 Articles
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.
The backbone of the US economy flashes stagflation warnings as uncertainty spikes on tariffs and layoffs — 'storm clouds are forming'
A recent survey of small businesses raised numerous red flags about the economy, including trends that point toward potential stagflation pressure. That's as President Donald Trump keeps companies guessing on what he will do next on federal layoffs and tariffs, raising uncertainty about prices, costs, and expansion plans. Small businesses are the backbone of the American economy as they employ the vast majority of workers, and they are flashing …
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Bias Distribution
- 58% of the sources are Center
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