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Consumer Sentiment at All Time Low

Consumer Confidence

Consumers are worried how far their paycheck is going to go with everything going up around them.

Consumer sentiment hit an all-time low this month, according to the University of Michigan’s closely watched survey of consumers, Courtenay writes. What’s happening: Roughly 46% of consumers said their negative views about the economy boil down to inflation — up from 38% in May.

Axios Closer By Hope King and Nathan Bomey · Jun 10, 2022