US Consumer Sentiment Hits All-Time Low as Iran War Drives Gas Prices Higher

US consumer sentiment fell to its lowest recorded level in May, according to the University of Michigan’s final monthly survey released Friday, as soaring fuel costs tied to the ongoing Iran conflict pushed Americans’ economic outlook to historic depths. The University of Michigan’s Index of Consumer Sentiment dropped to 44.2 in May — its third […] The post US Consumer Sentiment Hits All-Time Low as Iran War Drives Gas Prices Higher appeared first on the deep dive.