Consumer Sentiment Keeps Dropping in October. It Just Hit a Five-Month Low.
15 Articles
15 Articles
U.S. consumer sentiment has fallen to its lowest level in five months due to factors such as high oil prices and the burden of living costs. Consumers' assessment of the current economic situation has hit an all-time low. According to the University of Michigan on the 9th (local time), the preliminary Consumer Sentiment Index for October was recorded at 46.3. This figure is 1.8 points lower than the previous month's finalized figure (48.1) and i…
(New York = Yonhap News) Correspondent Lim Soo-jung = Economic sentiment among U.S. consumers has deteriorated to its lowest level in five months amid high inflation and the burden of living costs.
Consumer sentiment hits second-lowest mark on record in dire threat to GOP
Consumer sentiment fell to the second-lowest reading on record for October, leaving Republicans little time to reverse a major liability in terms of voters’ negative perceptions of the economy before the midterm elections. Consumer sentiment fell to 46.3, down from 48.1 in September, according to a preliminary reading of the University of Michigan Consumer Sentiment […]
Consumer Sentiment Slides to a Five-Month Low as Cost-of-Living Frustration Builds - Channelchek
American households are growing more pessimistic about the economy. The University of Michigan’s preliminary October consumer sentiment index fell to 46.3, down from 48.1 in September and below the 47.3 reading economists had expected. It marks the weakest level in five months and underscores how persistently high prices are shaping the mood of the American consumer.
The University of Michigan's index of US consumer confidence fell to 46.3 in October compared to 48.1 in September, preliminary statistics show.
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
