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Consumer sentiment tumbled in March as the impacts of President Donald Trump's tariff policies and elevated price increases remain top concerns for Americans.
The latest University of Michigan consumer sentiment survey released Friday showed sentiment hit its lowest level since November 2022. The index slid to a reading of 57.9, below the 64.7 seen last month and the 63 expected by economists.
Pessimism over the inflation outlook soared again in March as one year-inflation expectations jumped ...
>>> Read more: Americans sour on economy as inflation expectations hit highest level since 1991
The latest University of Michigan consumer sentiment survey released Friday showed sentiment hit its lowest level since November 2022. The index slid to a reading of 57.9, below the 64.7 seen last month and the 63 expected by economists.
Pessimism over the inflation outlook soared again in March as one year-inflation expectations jumped ...
>>> Read more: Americans sour on economy as inflation expectations hit highest level since 1991
