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WASHINGTON (AP) — Americans’ outlook on the economy soured a bit this month after two months of small gains, according to the University of Michigan's consumer sentiment index, released Friday.
Consumer sentiment rebounded in June as Americans' worst fears over tariffs impact on the economy have lessened.
The change comes as tensions around Donald Trump's tariff war calm down. According to the University’s June survey, the entire consumer sentiment index ...
"The outlook continues to darken and one wonders how long this can continue before the economy actually slips over the edge into recession." The University of Michigan’s consumer sentiment index ...
UoM Consumer Sentiment plunges to 50.8, the lowest since July 2022; inflation expectations rise sharply. US housing data was mixed, import prices rose unexpectedly; Powell, Jefferson caution ...
The analysts called consumer sentiment "disappointing" and pointed to rising uncertainty around tariffs. The three airlines previously slashed their first-quarter forecasts, and analysts expect ...
Consumer sentiment has risen so far in June as the swirl of concerns related to President Donald Trump's tariffs have chilled.