Americans Still Feel Worse About the Economy than at Almost Any Point in Modern History
The University of Michigan said 12-month inflation expectations rose to 4.6% as views of personal finances weakened about 10%.
- Revised data from the University of Michigan on Friday showed U.S. consumer sentiment reached 48.1 in September, an upward revision from the preliminary 47.8 reading.
- Consumer sentiment slipped to a four-month low this month, down from 51.7 in August, as households expressed growing concerns that rising inflation would erode purchasing power.
- Survey respondents' one-year inflation expectations increased to 4.6% from 4.0% in August, while five-year expectations edged up to 3.4% after holding at 3.3% for three months.
- Joanne Hsu, director of the Surveys of Consumers, noted broad agreement that the economic outlook has weakened, with Republican sentiment down 20% and Democrats down 13% since January 2026.
- The overall index remains 15% lower than in January, reflecting persistent economic unease despite the upward revision from the preliminary estimate released earlier this month.
33 Articles
33 Articles
Inflation fears surge as economic expectations plunge - The Daily Bo Snerdley
Americans grew more pessimistic about the economy in September as inflation expectations surged and consumers braced for higher fuel prices and renewed trade tensions, according to data released Friday. The University of Michigan’s Index of Consumer Sentiment fell to 48.1 in September, down 7% from August and 12.7% from a year earlier, according to the university’s final September survey. The deterioration was concentrated in consumers’ outlook …
The University of Michigan's US consumer sentiment index fell to a four-month low in September.
The United States consumer sentiment index fell to 48.1 points in September, before 51 in August, but above the preliminary reading for the ninth month, of 47.8, according to data released this Friday by the University of Michigan. Some analysts expected a reading of 47.8 points. Subject exclusive to subscribers. To have full access, access the link of the subject and register.
(New York = Yonhap News) Correspondent Kim Yeon-sook = U.S. consumers' economic sentiment has declined due to the burden of high inflation and concerns about a future economic slowdown.
Americans still feel worse about the economy than at almost any point in modern history
By Alicia Wallace, CNN (CNN) — US consumer sentiment fell to its second-lowest level on record in September as high gas prices further soured Americans’ views of the economy. The University of Michigan’s consumer sentiment index for September dipped to 48.1, notching a 7% decline from August and a nearly 13% drop from a year
Coverage Details
Bias Distribution
- 62% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
