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?
102 Articles
102 Articles
15
29
6
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 ArticleThe 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 …
·New York, United States
Read Full ArticleCoverage Details
Total News Sources102
Leaning Left15Leaning Right6Center29Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 30%
C 58%
12%
Factuality
To view factuality data please Upgrade to Premium