Consumer Sentiment Worsens Despite Trumps Rollback of Tariffs, Survey Says - Connect FM | Local News Radio | Dubois, PA

Washington. U.S. consumer confidence collapsed in May for the fifth consecutive month and fell to the lowest level in three years, just behind the times of the covid pandemic, as citizens are increasingly concerned that President Donald Trump’s trade war will worsen inflation.

WASHINGTON.- Consumer confidence in the United States fell slightly in May for the fifth consecutive month, surprising economists, this decreasing by 2.7% in monthly terms and reaching 50.8, the second lowest level in the nearly 75 years of survey history.The preliminary reading of the University of Michigan's consumer confidence index was published on Friday.It should be remembered that the only lower reading was in June 2022, however, since Ja…

U.S. consumer sentiment slides to lowest in 3 years

Trump’s tariffs fuel concerns about slower growth and higher prices The post U.S. consumer sentiment slides to lowest in 3 years appeared first on Investment Executive.

As sentiment worsened, one-year inflation expectations also increased

US Consumer Sentiment Slides to 3-Year Lows – tEDmag

U.S. consumer sentiment fell for the fifth straight month as Americans worry that President Trump's trade war will worsen inflation.

Consumer sentiment worsens despite Trumps rollback of tariffs, survey says - Connect FM | Local News Radio | Dubois, PA

(NEW YORK) — Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the level economists expected. Shopper sentiment now hovers near its lowest level since a severe bout of inflation three years ago, University […]